The crypto market has kicked off 2025 with intense competition, driven by a surge of new activity. At the forefront is Elon Musk, whose innovative strategies are propelling Dogecoin (DOGE) further into the spotlight.
Elon Musk has stirred the crypto market after inviting Billy Markus, Dogecoin's founder, to join the Department of Government Efficiency (D.O.G.E).
Dogecoin currently trades at just $0.35 per token, but with a series of potential tailwinds in the pipeline, could now be a good buying opportunity while it's still below the milestone price of $1?
Elon Musk offered Dogecoin founder Shibetoshi Nakamoto a position at the Department of Government Efficiency, leading to a 5% increase in Dogecoin's price and increased market attention.
Taking their cue from Musk and the Trump administration, Missouri lawmakers also have decided to root out fraud, abuse and waste. To that end, the House and Senate government efficiency committees met jointly Monday to brainstorm ways to cut, modernize and streamline Missouri’s government.
Dogecoin has gained retail traction after the official website of the US Department of Government Efficiency launched.
Dogecoin faces multiple market catalysts including a new ETF filing by Bitwise and connections to federal cost-cutting programs, while trading at $0.3316 amid analyst predictions of potential price appreciation.
A Department of Government Efficiency website has appeared, prominently featuring the Dogecoin logo—causing the token to spike.
Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk bought Twitter. The similarities have been uncanny.
Comment: Not long ago, meme coins as a long-term investment would have been dismissed as fanciful. The post $TRUMP and $MELANIA make crypto great again. Be careful. appeared first on Newsroom.
The extent to which Elon Musk’s tweets affect the market value of DOGE is largely unprecedented. But one thing is … Continue reading