Dogecoin, a cryptocurrency initially created as an internet meme, is now gaining serious attention in the trading world due to President-elect Trump’s endorsement. The plan is to create a new Department of Government Efficiency (DOGE) led by Vivek Ramaswamy and Elon Musk to make government operations more efficient.
The goal is to introduce an entrepreneurial mindset to government processes, eliminating bureaucratic red tape, reducing regulations, cutting waste, and reimagining federal agencies. With Musk and Ramaswamy’s involvement and the strong presence of social media, Dogecoin’s price may continue to rise, blending its meme appeal with a touch of government-inspired seriousness.
