While President Donald Trump ‘s inauguration on Monday introduced a new Department of Government Efficiency, the anticipated boost to Dogecoin (CRYPTO: DOGE) and related parody tokens failed to fully materialize. This unexpected reaction suggests the complex relationship between meme coins and real-world political events, suggesting the market isn't always predictable even when seemingly direct connections exist.

Vivek Ramaswamy announced on Jan. 20 that he will step down from his role as co-leader of the Department of Government Efficiency (DOGE), where he worked alongside Elon Musk.

Former presidential aspirant and American entrepreneur has confirmed the decision to abandon his Department of Government Efficiency (D.O.G.E) co-lead role. While optimistic about Musk's D.O.G.E leadership, Ramaswamy's move hours after Trump's inauguration attracted the crypto community due to the organization's indirect link with meme crypto Dogecoin.

The official Department of Government Efficiency website now sports a dogecoin token logo.

Dogecoin's (DOGE) price is surging after the Department of Government Efficiency, led by Elon Musk under Trump's administration, began featuring the coin's logo on its official website.

Dogecoin enthusiast Elon Musk is now reportedly in sole charge of the government streamlining and cost saving unit.

Dogecoin has rallied after Elon Musk's Department of Government Efficiency launched its website with the dog-themed cryptocurrency's logo.

More volatility reached the market today, with DOGE exploding within minutes.

Dogecoin's explosive gains have reminded everyone why it has stood for a while among the top crypto projects. But Pepeto, a fresh face with its own story and vision, is now stealing some of that spotlight.

In what comes as a bearish mover, a Dogecoin whale has raised severe market concerns by offloading nearly $140 million worth of tokens on Tuesday. Recent on-chain data indicated that 400 million DOGE was dumped into a cryptocurrency exchange, raising investor apprehensiveness amid the token's latest price dip.

With meme coins like Official Trump gaining traction, investors are shifting from Dogecoin and Ripple to Remittix, a utility-driven contender. #partnercontent

Bitcoin (BTC) has registered a notable decline after surging to a new all-time high on Monday. BTC rose sharply on Monday to register a new all-time high of $109,114 in the lead-up to Donald Trump's inauguration.

Dogecoin price action has entered a critical phase as technical indicators, particularly the Relative Strength Index (RSI), point to a continuation of bearish momentum. Following a consistent downtrend, the RSI has dipped below the neutral 50% level, signaling increasing selling pressure and waning bullish interest.

Dogecoin enters consolidation phase below $0.40 while technical analysis suggests potential for $2.28 target based on historical patterns, amid influence from political and social media factors.

Vivek Ramaswamy stepped down from his role in the Department of Government Efficiency (DOGE), reportedly due to political ambitions and tensions with co-leader Elon Musk.

Former Republican presidential candidate Vivek Ramaswamy has resigned from his position at the Department of Government Efficiency (DOGE). Ramaswamy announced this in a Jan. 20 post on X, stating that he would no longer co-lead DOGE, a department focused on streamlining US government operations.

President Donald Trump signed an executive order establishing the Department of Government Efficiency (DOGE) to modernize federal technology and software, enhancing government efficiency and transparency.

Tech mogul Elon Musk has fueled market speculations with his recent comment regarding “DOGE” during Donald Trump's inauguration. In his speech at the post-inauguration celebration, Musk lauded Trump's victory in the election, while his “DOGE to MARS” remark has gained notable traction from market enthusiasts.

Former presidential candidate Vivek Ramaswamy has decided to exit the Department of Government Efficiency just months after being appointed as co-leader.

During the oath-taking ceremony, as the President of the United States of America, Donald Trump failed to mention about cryptocurrencies in his speech. This further led to a significant overnight correction in the crypto market, with Bitcoin price retesting its $102k level.

Cryptocurrency prices and the crypto fear and greed index dropped after Donald Trump ignored the industry in his first day as the US president. Bitcoin, which reached a record high of $109,200 on Monday and then pulled back below $102,000.

Donald Trump's presidency is only a few minutes old, and already several lawsuits have been filed against him. The lawsuits are about a new advisory group, DOGE (Department of Government Efficiency), which has raised concerns due to its questionable structure and lack of proper government oversight.

Vivek Ramaswamy has stepped down as co-leader of the Department of Government Efficiency (D.O.G.E), a controversial initiative spearheaded by Elon Musk and championed by President Donald Trump.

Dogecoin started a downside correction from the $0.4050 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it clears the $0.3680 resistance.

Dogecoin dips as Trump Coin and Melania Token steal the spotlight. Will DOGE bounce back or face more competition from emerging meme tokens?

Vivek Ramaswamy said on X he was leaving the Department of Government Efficiency and was “confident that Elon and the team will succeed in streamlining government.”

Dogecoin (DOGE) has recently shown promising technical signs that could pave the way for a significant price increase, with a prominent analyst predicting a potential 49% surge in the cryptocurrency's value. Currently trading at $0.3625, DOGE has experienced a slight decline of 6% in the last 24 hours but has posted a more optimistic 14% increase over the past week.

Unlike other meme coins in the market, the Dogecoin price has demonstrated resilience, making a strong recovery after weeks of price declines and consolidation. Highlighting this strength and history of bullish performances, a crypto analyst has predicted that Doge could resume its upward momentum and potentially drive its price to new all-time highs of $2.2.

Vivek Ramaswamy has departed from Donald Trump's Department of Government Efficiency (DOGE). The entrepreneur has left the position at DOGE to run for governor of Ohio.

Dogecoin traders have lost over $65 million in 24 hours amid the largest liquidation event in this year so far. This development came as the DOGE price crashed violently after climbing to as high as $0.43 on Sunday.

Crypto traders note that a golden opportunity is on the horizon, and missing out could mean forfeiting a lasting financial legacy. A top Dogecoin trader, known for accurately predicting Dogecoin's extraordinary 35,000% rally in 2021, is betting big on the new Ethereum token, WallitIQ (WLTQ).

Ramaswamy's exit puts Musk's leadership under scrutiny as DOGE's directives may shape Congress and Trump's executive orders.

Accusations of transparency violations hit Trump's DOGE advisory panel, casting doubt on its governance. With Elon Musk at the helm and Ramaswamy's rumored departure, the initiative faces mounting challenges. The post Donald Trump's Newly-Created DOGE Headed for Post-inauguration Lawsuit appeared first on Cryptonews.

Dogecoin (DOGE) has experienced significant volatility over the weekend, capturing the spotlight as investors gear up for what could be a pivotal week in the cryptocurrency market. With President-elect Donald Trump set to assume office today, market sentiment around Dogecoin and other digital assets has turned increasingly bullish.

As new memecoins enter the market, Dogecoin demonstrates resilience with a sustained trading volume of 489.09M.

Bitcoin retracts sharply from its all-time high and the sell-off in Official Trump has a resounding negative impact on most altcoins.

The Department of Government Efficiency, or DOGE, has been targeted over rules on hiring, disclosures, and more as Trump takes office.

Dogecoin (DOGE)'s notable 18,400% surge in 2021 stands out as one of the most remarkable tales in the crypto realm, as its value soared from mere cents to $0.70. This rapid growth highlighted the potential of community-focused tokens and speculative investments.

Over the weekend, American economist Peter Schiff made a series of sarcastic posts in regards to memecoin TRUMP, launched by US president-elect Donald Trump on Friday, January 17. In his latest dig at the dynamics surrounding the token, Schiff said it could be used to bribe the incoming POTUS.

Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.

Dogecoin price has stagnated recently as cryptocurrency investors focus on the newly minted meme coins by Donald Trump and Melania Trump. DOGE has barely moved this year, but analysts point to its potential technicals that may push it higher in the long term.

Speculation about Dogecoin's anticipated rally to reclaim its current all-time high has increased within the community as other leading crypto assets like Bitcoin, XRP, and Solana form a new peak. Even though DOGE is about halfway from revisiting its peak, crypto analysts remain confident in its future price performance.

Accusations of FACA violation: Musk's new agency under scrutiny

DOGE Lawsuit: In an unprecedented turn of events, Elon Musk's Department of Government Efficiency (D.O.G.E.), an advisory panel under Donald Trump's presidency, appears to have encountered a severe setback as it faces a lawsuit.

The 30-page legal complaint alleges that Musk's DOGE has violated the Federal Advisory Committee Act (FACA) 1972.

Dogecoin (DOGE) has recently seen an impressive rally, breaking through the critical $0.39 resistance level. This surge has reignited optimism among traders and investors, but the sustainability of this upward momentum remains uncertain.

Dogecoin faced significant whale accumulation coinciding with a 15% weekly price surge, while analysts set a $15 price target.