The cryptocurrency market saw a notable surge on Saturday. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all experienced a rise in value, as traders anticipate a potential ‘Trump bump’ with the upcoming second Donald Trump presidency.
DOGE prepares for another ascent as Dogecoin price starts gaining strength. Meanwhile, PEPE and IntelMarkets are set to touch new highs after 20th January!
The Dogecoin price soared 10% in the last 24 hours as this new Solana Layer 2 token rockets past $11.1 million in presale.
With the TRUMP token flying high and boosting Solana in the process, Dogecoin and other top meme coins are losing steam Saturday.
Solana is riding the TRUMP wave, jumping to a new all-time high price after the network played host to Donald Trump's official meme coin.
Analysts are speculating that Ozak AI has the potential to reach $1 before established crypto projects like Dogecoin (DOGE).
A widely followed analyst and trader is leaning bullish on a top-30 altcoin by market cap while outlining the path forward for three other crypto assets.
Dogecoin, known for its meme beginnings, Solana, celebrated for its speed, and the new player XYZVerse are all vying for attention.
Cryptocurrency Dogecoin gained more than the S&P 500 and Nasdaq last year, and its price could soar even higher in January.
Most large cryptocurrencies were up during U.S. morning trading on Friday, with Dogecoin seeing the biggest move, climbing 8.62% to 41 cents. Six additional currencies posted raises Friday. Solana increased 3.
Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum(CRYPTO: ETH) and Dogecoin(CRYPTO: DOGE) also catching a bid, surging 3.8% and 4.4, respectively, over the same time frame.
The outlook for the Dogecoin price is positive as it has crossed resistance. Holding DOGE might pay off, and investors are diversifying into emerging token DTX as well.