An initiative driven by the Trump administration to reduce federal spending and modernize the bureaucracy. This move has generated various reactions both in the political sphere and in the cryptocurrency market, especially in relation to Dogecoin.

What is DOGE and what was Musk's role?

The $DOGE (Department of Government Efficiency) was created in January 2025 with the aim of streamlining government spending and eliminating unnecessary regulations. Elon Musk was appointed as the leader of this commission, proposing significant cuts in public spending and modernizing administration through technology.

During his 130-day tenure, Musk implemented controversial measures, such as mass layoffs and the elimination of certain federal programs. Although significant savings were reported, these actions also generated criticism and legal challenges.

Reasons for his departure

Musk's departure from DOGE comes after disagreements with the Trump administration, especially regarding a new tax package which, according to Musk, contradicts the department's efficiency goals. Additionally, Musk expressed his desire to refocus on his companies, such as Tesla, whose attention had been divided by his governmental responsibilities.

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Impact on Dogecoin and the market

The relationship between Musk and Dogecoin has been notable, with the entrepreneur showing his support for the cryptocurrency on several occasions. His involvement in DOGE generated speculation about possible government backing for Dogecoin, which boosted its value in the market.

However, his departure from the department has generated uncertainty among investors, although Musk has assured that his support for Dogecoin continues.

Conclusion

Elon Musk's departure from the Department of Government Efficiency marks the end of a controversial phase in the U.S. administration. While his initiatives generated savings, they also provoked criticism and legal challenges. The impact of his management and his relationship with Dogecoin will continue to be subjects of analysis in the near future.

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