The US authorities’s official web site for the Division of Authorities Effectivity (DOGE) has gone reside and prominently shows the Dogecoin emblem. This replace coincides with a ten% improve in Dogecoin’s worth, rising from $0.35 to $0.38 inside a minute, bringing its market capitalization to roughly $56.5 billion.
The DOGE web site options the Dogecoin emblem alongside the assertion, “The individuals voted for main reform.” Notably, the positioning’s HTML consists of an ASCII illustration of the Dogecoin emblem and a hyperlink to the Division’s official Twitter/X account.
The web site’s favicon, nevertheless, is a golden greenback sign up a black circle with a gold trim. Thus, it appears the Dogecoin emblem is just not meant to symbolize the federal government division; its inclusion is probably going nothing greater than a callback to the memetic worth of the division’s acronym.
Elon Musk, appointed to lead the Division of Authorities Effectivity, has been a vocal supporter of Dogecoin. His involvement within the division has beforehand influenced Dogecoin’s market efficiency.
Liam ‘Akiba’ Wright
Also called “Akiba,” Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized expertise has the potential to make widespread constructive change.
