Dogecoin jumps 10% as new DOGE government website adopts Dogecoin logo

01/21/2025 20:02
Dogecoin jumps 10% as new DOGE government website adopts Dogecoin logo

Dogecoin's market cap hits $56.5 billion following U.S. government website logo surprise

Dogecoin jumps 10% as new DOGE government website adopts Dogecoin logo Dogecoin jumps 10% as new DOGE government website adopts Dogecoin logo 1 hour ago

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Dogecoin's market cap hits $56.5 billion following U.S. government website logo addition.

The United States government’s official website for the Department of Government Efficiency (DOGE) has gone live and prominently displays the Dogecoin logo. This update coincides with a 10% increase in Dogecoin’s price, rising from $0.35 to $0.38 within a minute, bringing its market capitalization to approximately $56.5 billion.

The DOGE website features the Dogecoin logo alongside the statement, “The people voted for major reform.” Notably, the site’s HTML includes an ASCII representation of the Dogecoin logo and a link to the Department’s official Twitter/X account.

DOGE website (Source: US Government)
DOGE website (Source: US Government)

The website’s favicon, however, is a golden dollar sign in a black circle with a gold trim. Thus, it seems the Dogecoin logo is not meant to represent the government department; its inclusion is likely nothing more than a callback to the memetic value of the department’s acronym.

Elon Musk, appointed to lead the Department of Government Efficiency, has been a vocal supporter of Dogecoin. His involvement in the department has previously influenced Dogecoin’s market performance. 

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