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President-elect Donald Trump has announced that Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy will lead DOGE department.
In the race to make a place in the spot ETF, many altcoins are putting their huge efforts after the approval of Bitcoin and Ethereum's spot ETFs.
Dogecoin has skyrocketed over 200% in less than three weeks, riding the wave of Bitcoin's recent record-breaking rally. As BTC surged to new all-time highs, the momentum carried over to altcoins, with Dogecoin leading the pack in aggressive gains.
The crypto prices today have sparked mixed investor sentiments across the globe, showcasing fluxing trajectories. Bitcoin (BTC) price rested at the $87K level today, whereas Ethereum (ETH) and Solana (SOL) prices hovered in the red zone.
Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said in a statement.
The agency aims to streamline the U.S. government by cutting bureaucracy, reducing costs, and creating a leaner, more accountable structure.
The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its price surge more than 140% over the past week to trade above the $0.4 mark amid a wider cryptocurrency market rally.
Department of Government Efficiency: Trump has announced a new Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, aimed at optimizing federal spending and regulatory practices.
Musk aims to slash tax spending by $2 trillion amidst plans for federal audits and administrative reform.
Musk is also a long-time supporter of memecoin Dogecoin, which has a ticker same as the acronym of the upcoming department.
US President Donald Trump has revealed that Tesla CEO Elon Musk and Vivek Ramaswamy will lead a newly created Department of Government Efficiency, or “DOGE.” This initiative, aimed at streamlining government operations and reducing bureaucratic waste, aligns with Trump's “Save America” movement and promises to reshape federal spending and regulatory practices.
With Bitcoin's unrelenting rally toward $100,000, XRP recently reached the psychologically significant $0.60 mark, which should ideally serve as a launching pad for additional gains. Investors are becoming concerned, though, as XRP is showing indications of a possible reversal rather than rising in lockstep.
Dogecoin continued its strong rally for the fourth-straight day with a price jump over 100% in the past week, triggering a $1 price target. DOGE-tracked futures saw over $68 million in cumulative losses.
The Dogecoin price is racing towards its next bullish target, as an analyst projects a rise to $15 for the number one meme coin. This optimistic price forecast comes as the Dogecoin price breaks out of a legendary Bull Pennant pattern, which the analyst has indicated is a major bullish signal.
The Dogecoin price is showing signs of renewed bullish momentum as the price sets its sights on the key resistance level of $0.4484. Following a steady rise, the bulls appear determined to push through this barrier, potentially setting the stage for a breakout that could spark further gains.
The meme coin was created as a joke in 2013, but analysts say Dogecoin has a serious chance at making a Wall Street debut.
Following recent enthusiasm about crypto's prospects under President-elect Donald Trump we're seeing Elon Musk backed Dogecoin up about 50% in the past five days. Bloomberg's Michael Regan has the more.
Cryptocurrency markets are trading higher, with Bitcoin ETFs recording another strong trading day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $89,117.97 +3% Ethereum (CRYPTO: ETH) $3,279.31 -0.8% Solana (CRYPTO: SOL) $213.08 -2.4% Dogecoin (CRYPTO: DOGE) $0.3846 +20.5% Shiba Inu (CRYPTO: SHIB) $0.00002644 -3.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17%.
Dogecoin is among the top movers in today's crypto market, continuing to ride Donald Trump's (and Elon Musk's) coattails higher.
Sky's the limit for DOGE? The top dog coin's stellar 7-day performance forms an ultra bullish geometrical pattern.
A robust market optimism has triggered a bullish run for Dogecoin as the dog-themed meme coin attracts notable price gains over many major cryptocurrency assets with an over 50% daily profit.
The meme coin sector has seen significant growth recently, triggered by Bitcoin's surge toward $90,000. It's been an impressive week for cryptocurrencies, with the market leader reaching new highs, the latest peak occurring just hours ago.
Alex Fazel, Chief Partnership Officer at Swissborg, sees Dogecoin (CRYPTO: DOGE) as the "best Trump proxy", highlighting its potential to reach one dollar. What Happened: Fazel shared his portfolio in a post on X, saying that meme coins make up a small and speculative portion of his holdings, while his primary investments are Bitcoin, Solana, Ethereum and a few DeFi and AI projects.
Dogecoin's “Golden Cross” pattern, historically followed by significant rallies, has reappeared on the weekly chart, suggesting potential gains.
