#WHYDOGECOINNOTADOLLAR

Market cap is fueled by social media buzz and endorsements from figures.

Do not to be confused with the cryptocurrency Dogecoin (DOGE).

the Department of Government Efficiency (DOGE) is an agency proposed by Donald Trump after his re-election as President. The department will be headed by billionaires Elon Musk and Vivek Ramaswamy, who will focus on reducing wasteful government spending. There is also a meme coin called The Department of Government Efficiency (DOGE) that should not be confused with Dogecoin.

These Figures endorsed the meme In the summer of 2019. Dogecoin enthusiasts celebrated when the crypto exchange Binance listed the coin. As of May 2024, $DOGE coin's market capitalization was nearly $24.39 billion. Dogecoin's infrastructure is slowly gaining traction with fans and developers and continues to operate and trade due to its active community of miners.

In May 2024, Kabosu, the dog behind the 'doge' internet meme, died. The dog’s owner, Atsuko Sato, is a kindergarten teacher from Sakura, Japan. The event led many, including Dogecoin enthusiast Elon Musk, to tweet about the dog's passing.

Making it impossible for the coin to reach a dollar unless the enthusiast tweets #DOGECOINto1DOLLAR.