Dogecoin Surges 20% Following Trump's 'DOGE' Department Announcement

CosmicTaco · 2024-11-13T13:31:42.351125+05:30

* Dogecoin's value spiked after Trump announced the creation of the Department of Government Efficiency, referred to as 'DOGE'. * The memecoin has seen a 150% increase since election day, outperforming Bitcoin's 30% rise. * Elon Musk, known for influencing Dogecoin's price, will co-lead the new department, potentially driving further interest in the cryptocurrency. Source: [CNBC](https://www.cnbc.com/2024/11/13/dogecoin-surges-20percent-after-trump-announces-a-department-of-government-efficiency-doge.html)

Dogecoin's value spiked after Trump announced the creation of the Department of Government Efficiency, referred to as 'DOGE'.
The memecoin has seen a 150% increase since election day, outperforming Bitcoin's 30% rise.
Elon Musk, known for influencing Dogecoin's price, will co-lead the new department, potentially driving further interest in the cryptocurrency.

Source: CNBC