Dogecoin

Pepe Coin

Shiba Inu

Last week, Dogecoin (DOGE) saw a massive gain following Donald Trump’s election win, becoming one of the top-performing cryptocurrencies with a remarkable 92% weekly increase. This rally boosted DOGE’s market cap to $42.3 billion, surpassing both XRP and USDC and pushing it to the sixth spot. The daily trading volume also surged by 220%, exceeding $16.8 billion. 
<h2 id="is-dogecoin-on-the-verge-of-a-major-rally">Is Dogecoin on the Verge of a Major Rally?</h2> 
Crypto market analysts suggest a powerful upward move may be on the horizon for Dogecoin. Analyst Ali Martinez highlighted that DOGE might experience a significant price rise, with Fibonacci projections indicating potential peaks between $3.95 and $23.26. 
According to Coinglass, DOGE saw over $64 million in liquidations in the past 24 hours, with $36 million in short liquidations and $27.64 million in long liquidations. Open interest for DOGE has also risen by 20%, reaching $2.23 billion, reflecting increased market activity and investor interest. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-7691" src="https://deythere.com/wp-content/uploads/2024/11/Dogecoins-recent-rally-in-the-cryptocurrency-market-with-the-Dogecoin-logo-prominently-displayed-against-a-digital-backdrop.webp" alt="" width="1792" height="1024" srcset="https://deythere.com/wp-content/uploads/2024/11/Dogecoins-recent-rally-in-the-cryptocurrency-market-with-the-Dogecoin-logo-prominently-displayed-against-a-digital-backdrop.webp 1792w, https://deythere.com/wp-content/uploads/2024/11/Dogecoins-recent-rally-in-the-cryptocurrency-market-with-the-Dogecoin-logo-prominently-displayed-against-a-digital-backdrop-300x171.webp 300w, https://deythere.com/wp-content/uploads/2024/11/Dogecoins-recent-rally-in-the-cryptocurrency-market-with-the-Dogecoin-logo-prominently-displayed-against-a-digital-backdrop-1024x585.webp 1024w, https://deythere.com/wp-content/uploads/2024/11/Dogecoins-recent-rally-in-the-cryptocurrency-market-with-the-Dogecoin-logo-prominently-displayed-against-a-digital-backdrop-768x439.webp 768w, https://deythere.com/wp-content/uploads/2024/11/Dogecoins-recent-rally-in-the-cryptocurrency-market-with-the-Dogecoin-logo-prominently-displayed-against-a-digital-backdrop-1536x878.webp 1536w" sizes="(max-width: 1792px) 100vw, 1792px"> 
<h2 id="memecoin-sector-thrives-with-dogecoin-leading-the-charge">Memecoin Sector Thrives with Dogecoin Leading the Charge</h2> 
Dogecoin’s rally has energized the meme coin sector, which has seen substantial growth over the past week. Shiba Inu (SHIB), for instance, surged 20% in the last 24 hours and recorded a 57% weekly gain. Other popular meme coins like Pepe Coin (PEPE), Dogwifhat (WIF), and Bonk (BONK) have also seen gains between 12% and 25% over the past day, with PEPE aiming for a 200% rise. 
In the wake of Trump’s win, the total crypto market cap surged by $400 billion as Dogecoin recorded its 92% rally. Bitcoin rose by 17.9%, Ethereum by 29%, and Solana by 27%, pushing the total market valuation to $2.75 trillion. This recent rise reinforces the strength of the crypto market, with analysts increasingly confident in Bitcoin’s $100,000 price target. 
Dogecoin, meme coin, market cap, Donald Trump, crypto rally

Dogecoin Rallies with Trump’s Victory: Climbs 92% to Sixth Place

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