I hope that news reporters will research and verify the information before transmitting it, as you are scaring most investors.

Elon Musk did not announce the closure or discontinuation of the digital currency Dogecoin (DOGE) in 2026. Instead, what he announced is that an initiative called D.O.G.E. (short for Department of Government Efficiency), a government project he founded in collaboration with businessman Vivek Ramaswamy, will stop working on July 4, 2026. This initiative aims to improve government efficiency and reduce waste in public spending. The decision came within the framework of a vision to set clear end dates for government projects to avoid turning them into permanent bureaucracy   .

The announcement caused confusion among some due to the similarity in name to the famous Dogecoin currency, which led to sarcastic and serious reactions from the digital currency community, as some expressed their concern that the initiative may indirectly affect Dogecoin's reputation .

If you are interested in more details on this topic, you can check out the sources mentioned above.$DOGE