🐕 Musk assures: DOGE is not included in government expenditures

At a meeting in Wisconsin, Elon Musk stated that the federal Department of Management Efficiency (DOGE) has nothing to do with Dogecoin.

"As far as I know, the government does not plan to use Dogecoin," Musk said, adding that the agency's name was chosen because of internet memes.

But in February, the Dogecoin logo briefly appeared on his website, which raised the coin's market capitalization by 14%. Now, Musk has tried to quell the hype, but the DOGE rate still fell by 3.3%.

$DOGE