This unexpected connection between a US government department and the popular cryptocurrency has sparked intrigue and excitement within the crypto community.
Dogecoin (DOGE) saw a remarkable 13% price surge within minutes of the launch » from the official website of the United States Department of Government Effectiveness (DOGE) on January 21, 2025. The logo has since been removed.
THE website The Dogecoin logo was prominently displayed alongside the department name, a dollar sign, and the slogan “The people voted for major reform.”
DOGE logo takes center stage on government website
Source: Case Abbotvia
The Department of Government Effectiveness, created by executive order of President Donald Trump, aims to streamline federal operations and reduce government spending. The inclusion of the Dogecoin logo on the department’s official website has not only drawn attention to the meme coin, but also raised eyebrows as to its broader implications for cryptocurrency adoption.
The first look at the official DOGE website homepage. Source: Case Abbot via
Elon Musk, a longtime advocate of Dogecoin, has been linked to department managementfueling speculation about his influence in this initiative. Musk has previously described Dogecoin as “the people’s crypto,” a sentiment that fits with the department’s reformist slogan.
Dogecoin price rebounded significantly
Before the announcement, the price of Dogecoin was on the decline, falling as much as 10% during intraday trading. However, the launch of the DOGE website triggered a rapid reversal, with the token rising from $0.33 to $0.40 in 15 minutes, a 20% rally from its intraday low.
Dogecoin price increased by 13% after the launch of the official DOGE website. Source: TrueCrypto via
A token of the same name, “Department of Government Efficiency (dogegov.com)”, also saw a significant price increase of 35% in 24 hours, demonstrating the widespread impact of the announcement.
The crypto community reacts
The news caused a stir on social media platforms, as users reacted in turn with surprise and humor, seeing something absolutely unprecedented for a government organization: adapting the sign of a memecoin. A cryptocurrency investor posted: “The US government is literally buying coins right now. »
Technical analysts are optimistic about Dogecoin’s price trajectory. A bullish “flag pattern” has appeared on DOGE price tableindicating the potential for additional earnings. If the token breaks above its resistance level of $0.37, analysts predict a rally to $1.61, a 340% increase from current levels.
The DOGE logo on the website has sparked speculation and criticism within the crypto community. Source: DogeGesigner via
Crypto trader Cas Abbe noted: “The official @DOGE website is now live. This could mark the start of something big for memecoins.
The decision to feature Dogecoin’s logo on a government website led to increased visibility of the token, cementing its status as more than just a memecoin. Noting the launch, Coinbase CEO Brian Armstrong also said it was a “unique opportunity” to modernize government processes and adopt innovative financial mechanisms, e.g. sovereign wealth funds or capped expenses.
Armstrong said: “Aligning incentives and maintaining fiscal responsibility could pave the way for lasting government reform, and perhaps crypto can play a central role.
What lies ahead for DOGE?
The combination of increased visibility, social media buzz, and bullish technical indicators suggests that Dogecoin could be on the verge of a wider price rise. Having its logo on the U.S. federal government website literally adds legitimacy that some say could attract institutional investors as well as retail investors.
Dogecoin (DOGE) price chart. Source:Brave new piece
Although the long-term impact remains uncertain, the launch of DOGE website has undeniably pushed Dogecoin into the bring to light once again. As the crypto market eagerly watches further developments, the token’s latest rally demonstrates the power of cultural relevance and community momentum.