Dogecoin hasn't benefited from the launch of DOGE, either. On Jan. 19, the cryptocurrency finished the trading day at about ...

A widely followed cryptocurrency analyst forecasted a breakout for Dogecoin (CRYPTO: DOGE) toward $1 on Tuesday, based on ...

and it proceeded to fall by as much as 55% since then. Despite Musk's prominent role with DOGE and close association with Trump, that hasn't had a positive effect on the meme coin at all.