Donald Trump's potential victory in the US presidential race could have a surprising effect on the cryptocurrency market, especially Dogecoin. With a history of good relations with Elon Musk, Trump could open the door to a collaboration between the government and the technology sector, fostering a favorable environment for cryptocurrencies. Musk, a self-confessed Dogecoin enthusiast, has already shown how much his influence can boost the currency. With Trump back in power, it is possible that Dogecoin will gain even more visibility and adopt a more relevant role in the market, taking its value to previously unimaginable levels.
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