The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.

  • Elon Musk discussed plans for a "Department of Government Efficiency" (D.O.G.E), leading to a 7% surge in Dogecoin's price, pushing it over 13 cents for the first time since late July.
  • Musk's backing of Trump and the potential political implications of D.O.G.E. have sparked increased interest and speculative trading in DOGE.

Dogecoin (DOGE) jumped late U.S. hours Thursday as entrepreneur Elon Musk further revealed plans for his proposed “Department of Government Efficiency” at a Pennslyvania town hall.

FOR MORE DETAILS PLEASE CLICK HERE!