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DOGE Price Rockets On Trump Win, But Will “Department of Government Efficiency” Become A Reality?
Dogecoin price rose to six-month highs on Wednesday, riding on the market-wide momentum drawn from Donald Trump’s presidential election victory. DOGE price hit $0.219, the highest level since April 1, and was up by 12 percent on the daily chart at the time of writing. In addition, the rally drove its year-to-date gains to 114 percent, outperforming Bitcoin’s gains of 75 percent. Elon Musk’s push for the establishment of a Department of Government Efficiency (DOGE) at the height of the US election campaigns was interpreted as insinuating that Dogecoin could have greater integration into the mainstream economy. ... (full story)
