{"id":677735,"date":"2025-01-17T14:00:25","date_gmt":"2025-01-17T14:00:25","guid":{"rendered":"https:\/\/wncen.com\/?p=677735"},"modified":"2025-01-17T11:10:18","modified_gmt":"2025-01-17T11:10:18","slug":"dogecoin-leads-the-pack-as-dog-themed-coins-rally-trump-effect-sparks-excitement","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-leads-the-pack-as-dog-themed-coins-rally-trump-effect-sparks-excitement\/","title":{"rendered":"Dogecoin Leads The Pack As Dog-Themed Coins Rally \u2013 “Trump Effect” Sparks Excitement"},"content":{"rendered":"

The cryptocurrency market is buzzing as President-elect Donald Trump’s inauguration day (January 20) sparks renewed optimism. Among the top performers is Dogecoin, which has taken the lead in driving meme coins into a bullish phase. Over the past five days, Dogecoin has surged by more than 33%, signaling the potential for a massive rally ahead.<\/span><\/p>\n

Related Reading: \u2018Solana Season Is About To Return\u2019 As Price Turns Key Resistance Into Support \u2013 Analyst<\/a><\/div>\n

Dogecoin’s impressive performance reflects its longstanding position as the meme coin leader, capturing the attention of retail and institutional investors alike. The surge in DOGE’s price has also begun to influence other dog-themed coins, creating a ripple effect across the market. Analyst Jelle shared a technical analysis on X, pointing out that DOGE is paving the way<\/a> for related coins like FLOKI to follow its upward trajectory.<\/span><\/p>\n

This resurgence comes amid broader speculation about pro-crypto moves under the new administration, adding to the market’s bullish sentiment. With meme coins gaining momentum and Bitcoin reclaiming key levels, Dogecoin\u2019s rise is part of a larger trend suggesting significant growth in the crypto space.\u00a0<\/span><\/p>\n

As DOGE continues to push higher, the question remains: can it lead meme coins into another historic rally?\u00a0<\/span><\/p>\n

Dogecoin Expected To Rise\u00a0<\/span><\/h2>\n

Dogecoin (DOGE) is on the verge of a significant breakout as bullish momentum builds around the cryptocurrency. Investors are eyeing a reclaim of key supply levels, which could signal the start of a massive rally. Market optimism grows by anticipation that Donald Trump, who is expected to prioritize crypto policies when he assumes office, could be pivotal in driving interest and investment in digital assets, including DOGE.<\/span><\/p>\n

Expert analyst Jelle recently shared his insights on X<\/a>, predicting a surge in DOGE\u2019s value. \u201cWith Trump almost back in office, the US Doge department will soon be a reality,\u201d Jelle commented, hinting at potential government-level engagement with cryptocurrency policies that could benefit the coin. This perspective has sparked enthusiasm among the DOGE community, leading to increased trading activity and speculation on upcoming price movements.<\/span><\/p>\n

\"DOGE
DOGE and other dog-themed coins like FLOKI starting to move | Source: Jelle on X<\/a><\/figcaption><\/figure>\n

Additionally, Dogecoin\u2019s rally is influencing the broader category of dog-themed coins, with tokens like FLOKI beginning to gain traction. As DOGE leads, FLOKI and similar assets could follow its bullish trend, further amplifying market enthusiasm. Analysts see these coins as part of a larger narrative of crypto resurgence under a more crypto-friendly administration.<\/span><\/p>\n

Related Reading: Ondo Finance Funding Rate Signals Greed Among Investors \u2013 Sign Of Strength?<\/a><\/div>\n

If Dogecoin successfully reclaims critical supply zones, it could pave the way for higher prices in the weeks ahead. Jelle remains confident in the coin’s trajectory, expecting continued upward movement fueled by both technical indicators and macroeconomic developments. As DOGE begins to rise, market participants are watching closely, betting on its potential to drive a broader rally in the cryptocurrency market.<\/span><\/p>\n

Testing Crucial Supply Levels<\/span><\/h2>\n

Dogecoin (DOGE) is currently trading at $0.41, a pivotal supply level that holds the key to its next major price move. This level has become a critical battleground for bulls and bears, as reclaiming it as a demand zone could set the stage for a powerful upward rally. Analysts suggest that once DOGE establishes $0.41 as a foundation, the price could surge past last year\u2019s high of $0.48, reigniting bullish momentum.<\/span><\/p>\n

\"Dogecoin
Dogecoin testing crucial supply level | Source: DOGEUSDT chart on TradingView<\/a><\/figcaption><\/figure>\n

Breaking the $0.48 resistance is expected to open the door to even higher targets, with Dogecoin\u2019s all-time high (ATH) becoming a more achievable goal. Market sentiment remains optimistic, with traders closely monitoring a potential daily close above the $0.50 threshold. Such a move would not only confirm the bullish trend but also signal the beginning of a massive rally that could lead the meme coin market.<\/span><\/p>\n

Related Reading: Cardano Whales Go On A Shopping Spree \u2013 100 Million ADA in 48 Hours<\/a><\/div>\n

Historically, Dogecoin\u2019s price action has created ripple effects across the crypto space, particularly among meme coins. A breakout above $0.50 could drive renewed interest in DOGE and similar assets, reinforcing its position as a leader in the market. As momentum builds, the coming days could mark a turning point for Dogecoin, with investors eyeing a potentially explosive rally.<\/span><\/p>\n

Featured image from Dall-E, chart from TradingView<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency market is buzzing as President-elect Donald Trump’s inauguration day (January 20) sparks renewed optimism. Among the top performers is Dogecoin, which has taken the lead in driving meme coins into a bullish phase. Over the past five days, Dogecoin has surged by more than 33%, signaling the potential for a massive rally ahead. Related Reading: \u2018Solana Season Is About To Return\u2019 As Price Turns Key Resistance Into Support \u2013 Analyst Dogecoin’s impressive performance reflects its longstanding position as the meme coin leader, capturing the attention of retail and institutional investors alike. The surge in DOGE’s price has also begun to influence other dog-themed coins, creating a ripple effect across the market. Analyst Jelle shared a technical analysis on X, pointing out that DOGE is paving the way for related coins like FLOKI to follow its upward trajectory. This resurgence comes amid broader speculation about pro-crypto moves under the new administration, adding to the market’s bullish sentiment. With meme coins gaining momentum and Bitcoin reclaiming key levels, Dogecoin\u2019s rise is part of a larger trend suggesting significant growth in the crypto space.\u00a0 As DOGE continues to push higher, the question remains: can it lead meme coins into another historic rally?\u00a0 Dogecoin Expected To Rise\u00a0 Dogecoin (DOGE) is on the verge of a significant breakout as bullish momentum builds around the cryptocurrency. Investors are eyeing a reclaim of key supply levels, which could signal the start of a massive rally. Market optimism grows by anticipation that Donald Trump, who is expected to prioritize crypto policies when he assumes office, could be pivotal in driving interest and investment in digital assets, including DOGE. Expert analyst Jelle recently shared his insights on X, predicting a surge in DOGE\u2019s value. \u201cWith Trump almost back in office, the US Doge department will soon be a reality,\u201d Jelle commented, hinting at potential government-level engagement with cryptocurrency policies that could benefit the coin. This perspective has sparked enthusiasm among the DOGE community, leading to increased trading activity and speculation on upcoming price movements. Additionally, Dogecoin\u2019s rally is influencing the broader category of dog-themed coins, with tokens like FLOKI beginning to gain traction. As DOGE leads, FLOKI and similar assets could follow its bullish trend, further amplifying market enthusiasm. Analysts see these coins as part of a larger narrative of crypto resurgence under a more crypto-friendly administration. Related Reading: Ondo Finance Funding Rate Signals Greed Among Investors \u2013 Sign Of Strength? If Dogecoin successfully reclaims critical supply zones, it could pave the way for higher prices in the weeks ahead. Jelle remains confident in the coin’s trajectory, expecting continued upward movement fueled by both technical indicators and macroeconomic developments. As DOGE begins to rise, market participants are watching closely, betting on its potential to drive a broader rally in the cryptocurrency market. Testing Crucial Supply Levels Dogecoin (DOGE) is currently trading at $0.41, a pivotal supply level that holds the key to its next major price move. This level has become a critical battleground for bulls and bears, as reclaiming it as a demand zone could set the stage for a powerful upward rally. Analysts suggest that once DOGE establishes $0.41 as a foundation, the price could surge past last year\u2019s high of $0.48, reigniting bullish momentum. Breaking the $0.48 resistance is expected to open the door to even higher targets, with Dogecoin\u2019s all-time high (ATH) becoming a more achievable goal. Market sentiment remains optimistic, with traders closely monitoring a potential daily close above the $0.50 threshold. Such a move would not only confirm the bullish trend but also signal the beginning of a massive rally that could lead the meme coin market. Related Reading: Cardano Whales Go On A Shopping Spree \u2013 100 Million ADA in 48 Hours Historically, Dogecoin\u2019s price action has created ripple effects across the crypto space, particularly among meme coins. A breakout above $0.50 could drive renewed interest in DOGE and similar assets, reinforcing its position as a leader in the market. As momentum builds, the coming days could mark a turning point for Dogecoin, with investors eyeing a potentially explosive rally. Featured image from Dall-E, chart from TradingView<\/p>\n","protected":false},"author":617,"featured_media":677736,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,7,1791,93159,90958,1803,1804,89907,79600],"class_list":["post-677735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-dogecoin","tag-dogecoin-analysis","tag-dogecoin-bull-run","tag-dogecoin-demand","tag-dogecoin-news","tag-dogecoin-price","tag-dogecoin-rally","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Leads The Pack As Dog-Themed Coins Rally \u2013 "Trump Effect" Sparks Excitement<\/title>\n<meta name=\"description\" content=\"Dogecoin surges 33% amid Trump's return to office, sparking a rally. 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