Dogecoin price rises to $0.36 after Trump's election win and Musk's influence

Dogecoin's price has surged to about $0.36 following Donald Trump's election win, showing resilience amid market volatility. This increase reflects growing investor interest in digital assets, with expectations of a more crypto-friendly regulatory environment. The coin has jumped from $0.15 to $0.43 in just a week, marking its highest value in over three years. Dogecoin's rise has also allowed it to surpass XRP, becoming the sixth-largest cryptocurrency by market cap. Elon Musk's influence remains significant, even without recent comments on Dogecoin. His past endorsements and involvement in Trump's administration have contributed to the coin's stability and popularity among investors.