Dogecoin(DOGE)

Elon Musk and Vivek Ramaswamy's D.O.G.E plan aims to streamline the federal workforce by cutting regulations, aligning with Donald Trump’s push for efficiency and reduced bureaucracy.

Amidst his election victory and staff appointments, President-elect Trump is capitalising on the Dogecoin trend by selling DOGE merchandise. This move highlights his continued business instincts, even in politics, as Dogecoin enjoys a steady rally.

The FBI has reportedly seized Polymarket CEO Shayne Coplan’s devices, possibly tied to the platform’s prediction of Trump’s election victory. While no charges have been filed, sources suggest market manipulation is under investigation. Meanwhile, France’s gambling regulator may block Polymarket’s operations. Is this the beginning of the end for the decentralised betting platform?

President-elect Donald Trump announced Tuesday that Tesla CEO Elon Musk and Strive co-founder Vivek Ramaswamy will lead the newly created D.O.G.E, focused on reducing bureaucracy, cutting costs, and streamlining government operations.

With Trump’s election victory and the launch of Super Doginals, a free Doge-themed beat-’em-up game on the Doginals protocol, Dogecoin has surged over 10%. The game offers a fun escape amid crypto market volatility and celebrates the Dogecoin community's enthusiasm.

Trump’s win and Elon Musk’s favourite meme coin have spurred investor interest, pushing Dogecoin up by 25% in the past 24 hours. As momentum slows, the question is: can Dogecoin sustain this rally, or will it fade?

2024年美国总统大选正式拉开序幕，比特币与狗狗币短线急涨。宾夕法尼亚州法官允许马斯克每日赠送100万美元的做法继续执行，而马斯克也在选前发表了激烈言论，为特朗普辩护，这一举动推动了特朗普选情升温。

At Trump’s Pennsylvania campaign, Elon Musk was asked if he'd lead a “Department of Government Efficiency.” He replied, “Yeah, Doge,” causing Dogecoin to surge over 10% to $0.1344, sparking speculation about whether it was coincidence or a strategic move.

In a surprising development, nearly all of Tesla’s Bitcoin holdings, which had been dormant for about two years, are now on the move. According to blockchain analytics platform Arkham Intelligence, wallets linked to the electric vehicle giant shifted approximately $765 million worth of Bitcoin on Tuesday. All but $6 of Tesla's Bitcoin has been transferred to unknown wallets that are not associated with any major cryptocurrency exchanges, leading to speculation but no immediate indication that the company plans to sell.

Elon Musk backs Donald Trump for the 2024 US presidential election, promoting both Trump and Dogecoin in a recent post. As political and financial worlds collide, Musk’s push for DOGE could spark a renewed rally for the meme coin.