Dogecoin Jumps 10% as new DOGE Government Website Adopts Dogecoin Logo

 

The United States government’s official website for the Department of Government Efficiency (DOGE) has gone live and prominently displays the Dogecoin logo. This update coincides with a 10% increase in Dogecoin’s price, rising from $0.35 to $0.38 within a minute, bringing its market capitalization to approximately $56.5 billion.

The DOGE website features the Dogecoin logo alongside the statement, “The people voted for major reform.” Notably, the site’s HTML includes an ASCII representation of the Dogecoin logo and a link to the Department’s official Twitter/X account.

The website’s favicon, however, is a golden dollar sign in a black circle with a gold trim. Thus, it seems the Dogecoin logo is not meant to represent the government department; its inclusion is likely nothing more than a callback to the memetic value of the department’s acronym.

Elon Musk, appointed to lead the Department of Government Efficiency, has been a vocal supporter of Dogecoin. His involvement in the department has previously influenced Dogecoin’s market performance. 

Related posts

Bitcoin Crosses $90K as Trump Delays Canada, Mexico Auto Tariffs

Crypto Flooded with Zelensky Memecoins After Trump Clash

Bitcoin Bounces Back After Bottoming Out Near $78K

This website uses cookies to improve your experience. To read more or opt here visit the privacy policy. Read More