#dogecoin

President-elect Donald Trump released a statement announcing that Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency (DOGE) to “make changes to the federal bureaucracy”.

The announcement of new payment functionalities on X has catalyzed a surge in interest for meme coins such as Dogecoin (DOGE), Floki (FLOKI), and Shiba Inu (SHIB). This growing enthusiasm is evident in the significant increase in futures open interest for these coins. Despite the heightened trading volumes, there has been little impact on their prices.

Today marks a decade since the official launch of the well-known meme coin on December 6, 2013.

Elon Musk has once again pumped DOGE. The token surged by 4.1%. Meanwhile, the legal battle over Musk's alleged manipulation of Dogecoin rages on, with his attorney denying any involvement.

The tech tycoon has stirred the online world yet again by displaying the fresh emblem of Twitter and Dogecoin as his profile location. While the overall market is submerged in a sea of red, DOGE has managed to record a 9% surge within a day, now exchanging at $0.077.

On November 6, Dogecoin (DOGE), one of the first and most iconic meme coins, shot up by more than 20% as Donald Trump surged to the front in the U.S. presidential race. DOGE is now poised to challenge XRP for the #7 spot in the crypto market rankings.

A crypto enthusiast has successfully inscribed the legendary DOOM game from 1993 on the Dogecoin blockchain. This remarkable feat was achieved through the use of Doginals, a technology resembling the Bitcoin Ordinals protocol.

The Dogecoin Foundation has expressed its heartfelt condolences over the passing of Balltze, the dog widely recognized online as Cheems. He passed away on August 18, 2023, during a surgical procedure. Balltze rose to internet fame in 2017 due to a photo capturing his distinctively troubled expression. Among the plethora of memes generated from this image, one in particular stands out: a comparison with Kabosu, the Dogecoin cryptocurrency mascot. Condolences have also poured in from various cryptocurrency and meme communities worldwide.

Elon Musk's legal team argues that his court battle with a group of disgruntled Dogecoin investors has dragged on for too long. The billionaire’s attorney, Alex Shapiro, has requested the dismissal of the revised lawsuit. “Enough is enough,” Shapiro wrote. “This action is yet another example of counsel’s abusive and belligerent litigation tactics.”