Dogecoin Surges Over 6% After Musk’s Trump Truce Fuels Optimism

Elon Musk’s recent conciliatory statement regarding Donald Trump has triggered a significant rally in Dogecoin. Following the truce, trading volume surged by over 800%, reaching $1.65 billion according to CoinMarketCap. This surge was driven by both retail and institutional investor interest as market participants reacted favorably to the shift in political dynamics.