On January 14, 2025, Tesla's CEO Elon Musk posted a message on social media platform X, expressing his gratitude to former U.S. President Trump and his grassroots supporters. These supporters promoted a new proposal called the 'Department of Government Efficiency,' which includes support for Dogecoin ($DOGE). Musk stated in the post, 'I believe that the American people will ultimately be satisfied with this outcome.'
The post quickly sparked widespread discussion, as it not only involved the interaction between Trump and Musk but also highlighted the potential support for Dogecoin within the U.S. government. Musk has been a public supporter of Dogecoin, having endorsed the cryptocurrency multiple times through social media, and this move by the Trump administration clearly caters to the expectations of cryptocurrency enthusiasts.
As the status of cryptocurrency in the global financial system continues to rise, more and more political figures are beginning to pay attention to the potential of digital currencies and their impact on the economy. The Trump administration's proposal for the 'Department of Government Efficiency' that includes Dogecoin also reflects the increasing emphasis on cryptocurrency assets in the U.S. regarding technological innovation and finance.
For Musk, this support means that Dogecoin may receive more official recognition and could even become part of certain fiscal activities in the U.S. Previously, Musk has also stated multiple times that Dogecoin has higher efficiency than Bitcoin, especially in handling micropayments and quick transactions. His remarks undoubtedly inject more confidence into the future of this cryptocurrency.
Through this post, Musk not only showcased his consensus with Trump on certain policies but also hinted that cryptocurrency, particularly Dogecoin, could potentially become part of U.S. policy in the future. Although this move has yet to receive formal confirmation, it is undoubtedly a signal worth noticing for investors and cryptocurrency enthusiasts.