Elon Musk’s post on police forces taking measures against Reddit users targeting DOGE employees triggered a 5% increase in his favorite room.
On February 4, the head of the government’s ministry of efficiency, Elon Musk, responded to a job From a popular Reddit account, Reddit is, exhibiting several anonymous users of Reddit for having threatened the employees of the department led by the muscles with violence. Many positions call for the execution of said employees and suggest targeting them while discovering where they live.
Musk shared the message with his subscribers with the legend “They (Reddit users) have broken the law” by threatening employees linked to the new department.
Shortly after, Musk shared a follow -up position which included a declaration from the American lawyer’s district of Columbia, Edward R. Martin Jr. in the post, Martin Jr. said that his team had done a first examination of the exam evidence presenting individuals and groups explicitly targeting the employees of DOGE.
“We are in contact with the FBI and other law application of the law to proceed quickly. We also have our prosecutors who are preparing, “said Martin Jr. in a public statement, accompanied by Musk saying” Do not joke with Doge “.
The buzz surrounding Doge Online has obviously reinforced its token-namen, Dogecoin (DOGE). According to data From Crypto.News, Doge has increased by more than 5% in the last 24 hours. The Shiba Inu part is currently negotiated at $ 0.27.
However, commercial activity for Doge has dropped. In the past 24 hours, the Dogecoin negotiation volume has dropped by more than 43% to $ 6 billion. Dogecoin’s market capitalization amounts to $ 40 billion and its food in circulation is 147 billion tokens.
In November 2024, Donald Trump announcement A new initiative aimed at rationalizing federal operations, appointing the program of the Ministry of Government efficiency. The acronym “DOGE” is a nod to the DOGECOIN TICKER, which also happens to be the favorite cryptocurrency of Elon Musk.
Elon Musk was chosen to direct Doge alongside the Vivek Ramaswamy politician. However, Ramaswamy said he would withdraw from the role on January 21.