Market Sentiment Shifts Following Presidential Inauguration: A Closer Look at Potential Cryptocurrency Outcomes

Title: Dogecoin ETF: Could Trump’s Inauguration Change the Game?

The cryptocurrency market has been abuzz with speculation surrounding the potential approval of a Dogecoin Exchange-Traded Fund (ETF). Despite odds set at 36% by Polymarket, a recent surge in DOGE’s price has sparked renewed interest in this possibility. The inauguration of Donald Trump as President-elect may prove pivotal in shifting the tides in favor of DOGE ETF approval.

DOGE has experienced an impressive performance since the start of 2025, surging to new heights and reaching an All-Time High (ATH) of $0.480553. This remarkable growth has pushed the market capitalization over $61 billion, solidifying its position as the seventh-largest cryptocurrency in Marketcap’s hierarchy.

Ali Martinez, a renowned on-chain analyst, believes DOGE’s price could potentially reach $20 in the near future if it continues this upward trajectory. While such a target may seem unrealistic, the prospect of ETF approval could propel the price towards this lofty goal.

The appointment of Elon Musk as head of the Department of Government Efficiency (D.O.G.E.) has raised hopes that DOGE may become a government-backed currency. If this speculation proves true, it is likely that a DOGE ETF approval would follow in due course. The market capitalization increase and impressive price growth have not gone unnoticed, with some experts suggesting that DOGE’s potential to rise exponentially could be the key factor driving its upward trend.

While opinions on this subject are diverse, the possibility of Trump’s inauguration being a game-changer for DOGE ETF approval cannot be ignored.

Source: www.crypto-news-flash.com