Dogecoin price hits 3-year peak as Tesla's $1T Rally drives Elon ...
The TSLA price surge has seen Elon Musk’s net-worth surge past the $300 billion mark. According to the latest Forbes data, Elon Musk’ wealth is now worth a staggering $304 billion, more than $70 billion ahead of Oracle CEO Larry Ellison in distant second, with a $230 billion net-worth.
This partly explains why Dogecoin price has raced ahead of the crypto market average, outperforming more popular digital assets including BTC, ETH and SOL.
Donald Trump’s second inauguration is scheduled for January 20, 2025. If speculative buying pressure surrounding Elon Musk linked assets persists, chances of a major sell-off before the inauguration date are slim.
In essence, within the current market dynamics and political landscape, DOGE price looks set to advance towards the $0.30 level in the weeks ahead.
DOGE Price Forecast: Bulls Now Eyeing $0.35 BreakoutDogecoin price has surged by 100.91% since the US elections, reaching $0.278 at the time of publication on Nov 8. Historical data shows, that DOGE’s next major resistance now lies at the $0.35 level, if the strong buyer dominance triggers a $0.30 in the coming days.
Despite triple-digit gains within the last 6 days, DOGE continues to show strong buying momentum for the week ahead
