The official website of the United States government’s Department of Government Efficiency (DOGE) has gone live and prominently displays the Dogecoin logo. This update coincides with a 10% increase in the price of Dogecoin, from $0.35 to $0.38 in one 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 ministry’s official Twitter/X account.
The website’s favicon, however, is a gold dollar sign in a black circle with a gold border. So, it appears that the Dogecoin logo is not intended to represent the ministry; its inclusion is likely nothing more than a reminder of the memetic value of the ministry’s acronym.
Elon Musk, appointed to lead the Department of Government Effectiveness, has been a strong supporter of Dogecoin. His involvement in the department has already been influence Dogecoin market performance.
Liam “Akiba” Wright
Also known as “Akiba,” Liam Wright is a journalist, podcast producer, and editor at CryptoSlate. He believes that decentralized technology has the potential to bring positive change on a large scale.