Dogecoin Gains as Musk’s America Party Sparks Fresh Crypto Buzz
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Dogecoin Price Surge: Dogecoin has increased by 5.86% amid speculation about potential support from Elon Musk's new political initiative, the America Party, which may endorse cryptocurrencies like Dogecoin and Bitcoin.
Market Activity and Predictions: Trading volume for Dogecoin surged by 250%, indicating heightened interest, while technical analysis suggests a possible price doubling if key resistance levels are broken, with targets set at $0.259 and potentially $0.519.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
