Dogecoin is making headlines after President-elect Donald Trump announced the creation of the Department of Government Efficiency on X this past Wednesday.
This meme coin was worth 16 cents on Election Day and has since more than doubled to a high of nearly 39 cents earlier today. However, according to CoinMarketCap, it’s still less than half as valuable as its all-time high of nearly 69 cents back in May 2021.
This unofficial department shares the same acronym as the cryptocurrency: DOGE. Trump announced that this new advisory department would be run by Elon Musk and Vivek Ramaswamy, a former Republican presidential candidate. Its stated goal will be to look for ways to reduce government spending to
Dogecoin Surges Following Elon Musk News. What’s Going on With This Popular Meme Coin?
