The United States government’s official website for the Department of Government Efficiency (DOGE) has gone live and prominently displays the Dogecoin logo. This update coincides with a 10% increase in Dogecoin’s price, rising from $0.35 to $0.38 within a 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 Department’s official Twitter/X account.
The website’s favicon, however, is a golden dollar sign in a black circle with a gold trim. Thus, it seems the Dogecoin logo is not meant to represent the government department; its inclusion is likely nothing more than a callback to the memetic value of the department’s acronym.
Elon Musk, appointed to lead the Department of Government Efficiency, has been a vocal supporter of Dogecoin. His involvement in the department has previously influenced Dogecoin’s market performance.
The post Dogecoin jumps 10% as new DOGE government website adopts Dogecoin logo appeared first on CryptoSlate.
This articles is written by : Fady Askharoun Samy Askharoun
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