Cryptocurrency is breaking records after Donald Trump’s victory in America. Star supporter Elon Musk, who has benefited the most from Trump’s return, has also seen his wealth increase. Musk’s favorite cryptocurrency Dogecoin has also seen a huge jump since Trump became president, Dogecoin has jumped by 145 percent within a week.
Dogecoin price increased by 45% in 24 hours
The price of dogecoin has increased by almost 45% to $0.43614055 in the last 24 hours. Since Trump’s return to the US, this cryptocurrency has seen a massive increase of 145%, which has surpassed the biggest cryptocurrencies like Bitcoin and Ethereum. Meanwhile, the market cap of Bitcoin has reached $1.736 trillion, while the market cap of silver is $1.735 trillion. The market cap of Dogecoin has now reached $55.69 billion.
Dogecoin becomes the eighth largest asset
Bitcoin has now become the eighth largest asset in the world. While the market cap of gold is $15.742 trillion, making it the largest asset in the world. Experts believe that the market for cryptocurrencies is positive and prices may see further growth. Musk has supported Dogecoin and Trump in the US elections, which has led to an increase in his wealth and the popularity of Dogecoin in the market.