Musk’s DOGE Agency Debuts New Website with DOGE Logo

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Dogecoin rallied after Elon Musk’s Department of Government Efficiency launched its official US government website displaying the dog-themed cryptocurrency’s logo.

Dogecoin rallied more than 11% following the latest developments around Elon Musk’s agency for US governmental efficiency.

The Department of Government Efficiency (DOGE), led by Musk and aimed at cutting government spending and streamlining regulations, launched its official website on Jan. 21.

Dogecoin has gained significant momentum from the developments surrounding Musk’s non-governmental agency. Retail investors view the agency as a potential catalyst for Dogecoin’s price since the agency shares the same logo and acronym with the cryptocurrency.


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