So, get this: Elon Musk, at this little shindig with the American PAC, drops a bombshell. Dogecoin isn’t part of his shiny new Department of Government Efficiency (D.O.G.E). “Government using Dogecoin? Yeah, no,” says Musk. Like, did anyone really think that was happening?
He’s like, “I got the D.O.G.E idea from the internet, because, why not?” So he takes the Government Efficiency Commission and makes it DOGE. “Same name, different game,” he says. We’re just trying to make the government not suck 15% more, you know?”
People were all, “Elon loves Dogecoin, right? So he named his department DOGE!” And then, for a hot second, the Dogecoin logo pops up on the department’s website after Trump’s big day. Coincidence? Probably.
Dogecoin’s in the Doghouse
Oh, and the Dogecoin price? Taking a beating! Down 5.83% in a day, back to the big $0.1615. Volume’s up, futures are down, and everyone’s like, “Is this the end?” But crypto guy Ali Martinez is all, “Nah, it’s holding up.” Demand spike could mean a jump, he says. We’ll see.
Elon’s DOGE: Cutting Deep
Since Trump’s crew took over, Elon’s D.O.G.E has been on a cutting spree. Like, serious cuts. Agencies are losing jobs left and right. And Musk’s all, “Why does the Fed need 20,000 people??”
But hey, even D.O.G.E’s screwing up. Layoffs gone wrong, lawsuits flying. Still, they’re like, “We saved $130 billion!” Which is, what, $807 per taxpayer? Big whoop.
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