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November 13, 2024

Dogecoin Tumbles Despite Elon Musk, Vivek Ramaswamy’s ‘DOGE’ Appointment: This Is What Indicators Tell About Its Next Moves

Following weeks of relentless promotion, the Department of Government Efficiency (DOGE) is set to become a reality, potentially sending the price of Dogecoin (CRYPTO: DOGE) to unprecedented levels. What happened: On Tuesday, President-elect Donald Trump appointed Elon Musk, the conceiver of the idea, and entrepreneur-turned-politician Vivek Ramaswamy to oversee the department, which aims to streamline federal bureaucracy and eliminate “excess” laws.

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