Dogecoin has recently surged in popularity, with its price breaking through $0.168, an astonishing increase of 10.5% in a single day and a remarkable 54% over the month.

This impressive market performance is closely tied to Musk's support for Trump.

Musk provided a $118 million donation to Trump, while the topic of 'Government Efficiency Department (DOGE.E)' has sparked strong reactions in the market, akin to a heavy bomb, completely igniting the Dogecoin market.

From a technical perspective, Dogecoin has already shown a 'golden cross' pattern, which is undoubtedly a strong signal indicating it is in a robust upward trend, with a very noticeable upward momentum.

Although there is a certain risk of a correction from a short-term perspective, the market generally holds an optimistic view, anticipating its continuous rise before the end of the month, and investors are full of expectations for Dogecoin's subsequent performance.