Dogecoin rises 145% since Trump's election victory outpacing Bitcoin and Ether

Dogecoin has surged nearly 45% in the last 24 hours, reaching $0.4037, and has increased 145% since Donald Trump's election victory. This growth outpaces Bitcoin's 30.5% and Ethereum's 40% gains over the same period. Analysts attribute Dogecoin's rise to positive market sentiment and endorsements from figures like Elon Musk. His support has significantly boosted investor interest, contributing to Dogecoin's strong performance compared to other cryptocurrencies. Other notable gainers this week include Cronos (185%), Neiro (118%), Cardano (80%), and Pepe (75%). Despite its recent success, Dogecoin remains below its all-time high of $0.7376 from 2021.