• Elon Musk’s Department of Government Efficiency (DOGE) has launched its official website, aiming to provide transparency into federal spending cuts and streamline government operations.

  • The move also reignited interest in Dogecoin, a cryptocurrency that has seen its price surge amid Musk's continued influence.

Elon Musk's Department of Government Efficiency (DOGE) took a major step Thursday by officially launching its website (doge.gov). Additionally, the advisory group was originally established during former President Donald Trump's administration to increase transparency on government spending cuts and streamline federal operations.

The latest development has drawn national attention, particularly in the financial and cryptocurrency sectors, as Musk continues to push for deep budget cuts.

DOGE official website is officially launched

The newly launched website, doge.gov, is now operational, according to a Feb. 13 announcement from the Department of Government Efficiency on X. The platform is designed to provide the public with key insights into government spending cuts, agency staff functions, and the commission’s strategies to improve federal efficiency.





Elon Musk confirmed that the website will include detailed cost-saving measures and allow the public to track the progress of his ambitious plan. The CEO said he intends to dedicate the next four months to the advisory group, with the main goal of cutting up to $2 trillion from the federal budget.

What’s next for the advisory group?

FOX Business reporter Charles Gasparino noted on X that if the committee achieves its goal, the expected outcome is inflation falling to 2%. This forecast is particularly noteworthy given that the latest U.S. Consumer Price Index (CPI) inflation data for January exceeded expectations, rising 3% year-over-year.

To further enhance transparency, the advisory group will launch an “overall savings scorecard” by February 14, providing a breakdown of cost cuts. These moves will allow budget adjustments and their economic impact to be clearly tracked, and could influence broader market sentiment.

Dogecoin gains traction amid government initiatives

Aside from the federal budget discussion, Musk’s latest government-centric endeavor has once again put Dogecoin (DOGE) in the spotlight. Given the name similarity and Musk’s strong support for the meme-based cryptocurrency, DOGE enthusiasts are watching developments closely.





Dogecoin’s DOGE is up 0.84% ​​in the past 24 hours and is currently trading at $0.2570, with an intraday range of $0.2489 to $0.267. This price action is in line with the general bullish sentiment in the cryptocurrency market.

Cryptocurrency market analyst VipRoseTr said that the price of DOGE is rebounding from a key Fibonacci support area, which may signal a bullish reversal. If this trend continues, DOGE may target the $0.4993, $0.5740, and $0.6543 price levels in the near future. However, given the volatility of the meme coin, investors still need to remain cautious. #BNBChainMeme热潮 #加密市场反弹