Donald Trump's presidential election in the US has seriously triggered the rise in $DOGE , like Bitcoin. While #ElonMusk 's establishment of the "Public Efficiency Department", whose limit is DOGE, seems to be the reality in Trump's hands, this situation has increased by nearly 300% in Dogecoin in the last month.
It is not known that the rise in Dogecoin, which Elon Musk openly supports, has stopped. The largest meme coin has increased by 280% in a month and 150% in the last week and exceeded $ 0.4. #DOGE broke its historical record in the 2021 bull and became $ 0.74.
The Elon Musk effect seems to continue... The countdown seems to be starting for Elon Musk, one of Dogecoin's biggest supporters, to reduce government spending and provide savings, and the "Public Efficiency Department", also known as DOGE, seems to be starting.
Musk has particularly criticized the point that government spending has reached at Trump's rallies and mentioned the development of the "Office of Public Efficiency".
Here is Musk's order, the name of this office being DOGE and the famous businessman openly continuing to support Dogecoin, this meme coin is also seriously increasing.
What will DOGE do?
So what will the "Office of Public Efficiency", DOGE, which Musk proposed for its development, which is seen as one of the most important factors in Trump's election win, do?
As we have stated, the main budget will be to reduce public spending.
According to the news in The Hill, the Government Accountability Office has more than 5200 people in terms of savings for federal institutions. If all of these suggestions save lives, the savings could reach up to 210 billion.
It is among the increases and gains in the workforce with the use of artificial intelligence. In addition, a comprehensive review of programs in old institutions will be launched and unnecessary spending and payments will be eliminated.
The US government debt has reached the dollar limit of 36 products due to excessive spending in recent months.
#DogecoinPriceSurge #memecoins #AltCoinRush