Dogecoin price pumped 15%: Will the influence of Elon Musk and Donald Trump continue?

The original Dogecoin is moving forward at an unstoppable pace, as suggested by Elon Musk, CEO of Tesla, and his DOGE department. Donald Trump's leadership position in the prediction market also supports DOGE. Under the influence of these developments, the DOGE price has pumped 15% in just one day. Prominent analysts predict there will be more pumps.
With Elon Musk's DOGE suggestion, Dogecoin is starting to run!
As a fan of Dogecoin, Elon Musk supported and attended Donald Trump's rally. This support increases Trump's chances of winning the 2024 presidential election. Trump's victory would mean the establishment of the Department of Government Efficiency (DOGE). Some experts believe that this statement will lead to the price of Dogecoin reaching $1.
Trump's popularity has driven the surge of DOGE.
Trump's chances of winning have increased to 66%. In addition, there is a 22% gap compared to Democrat Kamala Harris just before the election. According to experts, Trump's support for Crypto Assets regulation could bring a paradigm shift in the Crypto Assets industry. Elon Musk expects that the Biden-Harris administration will save at least $2 trillion, which they claim is the wasteful $6.5 trillion.
Multiple factors provide pump signals for DOGE
Elon Musk has repeatedly mentioned DOGE, driving the pump momentum of the DOGE price. Custodia Bank CEO Caitlin Long shared her advice with DOGE's founding members Howard Lutnick and Musk. She also called for attention to the terrifying regulations imposed on federal employees and companies like Custodia. The DOGE contract has pumped 33% since Sunday.
Dogecoin price pumped 15%: Will the influence of Elon Musk and Donald Trump continue?
On Tuesday, it reached 8 billion Tokens, which is only 12% less than the open position of 9 billion DOGE, the all-time record.
This is not investment advice