The price of Dogecoin, often referred to as DOGE, experienced a significant surge of 5% following the announcement of a new mining deal linked to former President Donald Trump, which has been generating considerable buzz among investors. This increase in value comes in the context of recent comments from the Federal Reserve that have sparked interest and speculation within the cryptocurrency market. As enthusiasts and traders react to these developments, DOGE's upward trajectory reflects a broader trend in which political and economic factors are increasingly influencing the dynamics of cryptocurrency investments.
source: https://www.coindesk.com/markets/2025/08/22/doge-surges-5-amid-trump-affiliated-dogecoin-mining-deal-and-fed-comments