Dogecoin, which started as an internet meme, is now gaining more attention in the world of trading with the endorsement of Donald Trump. Trump’s plans for a Department of Government Efficiency (DOGE) and the appointment of Elon Musk and Vivek Ramaswamy to lead the project have brought serious attention to Dogecoin.
The goal of the project is to make government operations leaner, more efficient, and transparent. The close association between Dogecoin and Musk has historically led to price spikes, so his involvement in this government-affiliated initiative could further drive demand. As the DOGE initiative gains traction, Dogecoin’s price may continue to rise, blending its meme appeal with a touch of government-inspired seriousness.
