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Dogecoin Price Soars 13% After U.S. Department of Government Efficiency Website Launch
The post Dogecoin Price Soars 13% After U.S. Department of Government Efficiency Website Launch appeared on BitcoinEthereumNews.com. This unexpected connection between a U.S. government department and the popular cryptocurrency sparked intrigue and excitement across the crypto community. Dogecoin (DOGE) witnessed a remarkable 13% price surge within minutes following the launch of the official website of the U.S. Department of Government Efficiency (D.O.G.E.) on January 21, 2025. The logo has since been removed. The website prominently featured the Dogecoin logo alongside the department’s name, a dollar sign, and the slogan, “The people voted for major reform.” DOGE Logo Takes Center Stage on Government Website Source: Cas Abbévia X The Department of Government Efficiency, created via an executive order by President Donald Trump, aims to streamline federal operations and reduce public spending. The inclusion of the Dogecoin logo on the department’s official website has not only drawn attention to the meme coin but also raised eyebrows regarding its broader implications for cryptocurrency adoption. The first look at the official DOGE website homepage. Source: Cas Abbé via X Elon Musk, a long-time advocate for Dogecoin, has been linked to the department’s leadership, fueling speculation about his influence in this initiative. Musk has previously described Dogecoin as “the people’s crypto,” a sentiment that aligns with the department’s reform-driven slogan. Dogecoin’s Price Rebounded Dramatically Prior to the announcement, Dogecoin’s price was in a slump, dropping by as much as 10% during intraday trading. However, the launch of the D.O.G.E. website triggered a swift reversal, with the token climbing from $0.33 to $0.40 within 15 minutes—a 20% recovery from its intraday low. The Dogecoin price made a 13% hike following the DOGE official website launch. Source: TrueCrypto via X A similarly named token, “Department of Government Efficiency (dogegov.com),” also experienced a significant 35% price surge within 24 hours, demonstrating the widespread impact of the announcement. Crypto Community Reacts The news had sent waves…
The post Dogecoin Price Soars 13% After U.S. Department of Government Efficiency Website Launch appeared on BitcoinEthereumNews.com.
This unexpected connection between a U.S. government department and the popular cryptocurrency sparked intrigue and excitement across the crypto community. Dogecoin (DOGE) witnessed a remarkable 13% price surge within minutes following the launch of the official website of the U.S. Department of Government Efficiency (D.O.G.E.) on January 21, 2025. The logo has since been removed. The website prominently featured the Dogecoin logo alongside the department’s name, a dollar sign, and the slogan, “The people voted for major reform.” DOGE Logo Takes Center Stage on Government Website Source: Cas Abbévia X The Department of Government Efficiency, created via an executive order by President Donald Trump, aims to streamline federal operations and reduce public spending. The inclusion of the Dogecoin logo on the department’s official website has not only drawn attention to the meme coin but also raised eyebrows regarding its broader implications for cryptocurrency adoption. The first look at the official DOGE website homepage. Source: Cas Abbé via X Elon Musk, a long-time advocate for Dogecoin, has been linked to the department’s leadership, fueling speculation about his influence in this initiative. Musk has previously described Dogecoin as “the people’s crypto,” a sentiment that aligns with the department’s reform-driven slogan. Dogecoin’s Price Rebounded Dramatically Prior to the announcement, Dogecoin’s price was in a slump, dropping by as much as 10% during intraday trading. However, the launch of the D.O.G.E. website triggered a swift reversal, with the token climbing from $0.33 to $0.40 within 15 minutes—a 20% recovery from its intraday low. The Dogecoin price made a 13% hike following the DOGE official website launch. Source: TrueCrypto via X A similarly named token, “Department of Government Efficiency (dogegov.com),” also experienced a significant 35% price surge within 24 hours, demonstrating the widespread impact of the announcement. Crypto Community Reacts The news had sent waves…
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