The cryptocurrency market is extremely volatile at the moment. With the pro-crypto Trump already set to assume his role as the 47th US president, all eyes are fixated on the current market momentum, and how will the market respond to his ascension as the president of the United States? With Trump, Musk will also be gearing up to head D.O.G.E., a scenario that could be particularly bullish for Dogecoin in general. Here’s how high Dogecoin can surge today post-Trump’s and Musk’s official oath ceremony.
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Dogecoin Price Anticipation Grows
Dogecoin momentum is now growing stronger in the market as investors anticipate an overall crypto market surge once Trump assumes his role as the next US president. Per Ali, a seasoned cryptocurrency analyst, whales have brought nearly 1.83 billion worth of Dogecoin tokens in the last 48 hours, hoping to bank on the aforementioned phenomenon.
“While everyone focuses on $TRUMP, whales bought 1.83 billion #Dogecoin $DOGE in the last 48 hours!”
While everyone focuses on $TRUMP, whales bought 1.83 billion #Dogecoin $DOGE in the last 48 hours! pic.twitter.com/ozznJzflg2
— Ali (@ali_charts) January 19, 2025
Per Ali, the token is already adapting to a bullish retest, which may help it gain further market momentum.
“So far, #Dogecoin $DOGE seems to be in a bullish retest of the breakout zone before advancing further.”
So far, #Dogecoin $DOGE seems to be in a bullish retest of the breakout zone before advancing further! pic.twitter.com/J5o8ytEioe
— Ali (@ali_charts) January 19, 2025
Such bullish market predictions are further being bolstered by Elon Musk, who will be assuming his new role as the D.O.G.E. chief today. Anticipations of regulatory sectoral clarity with pro-crypto backing post-Trump’s ceremony are also adding more to the market, pushing coins like BTC and Doge to hit stable price marks.
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AI Predicts Token’s Price Path Post Trump-Musk’s Official Oath Ceremony
Per AI, Doge could first hit the new price mark of $0.60 if the bullish momentum caused by the regime change could help the token gain a stable price ATH. At the same time, the FOMO effect caused by the new regime overhaul could also push the token to claim $0.74.
If Musk manages to bring new policy changes favorable for the domain, Doge could easily claim $1 per AI. If DOGE emerges as a credible source of payments, then the token could surge as high as $1.50, GPT stated.
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