A much anticipated Trump victory in the 2024 US presidential elections has impacted all financial markets, with the crypto industry at the forefront of gains. As the initial gains were witnessed only in Bitcoin, the altcoins have now caught up. Dogecoin, jumped by 20% to a three-year high today and Shiba Inu, has performed even more impressively as it briefly exceeded $0.000027 earlier today for the first time since early June. It is up over 30% in the last 24 hours. On a weekly scale, the meme coin has risen by roughly 45%, and its market cap stands above $14 billion.
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