Learn about the memecoin inspired by Elon Musk's tweet about creating a Department of Government Efficiency (D.O.G.E.) if Trump were to be elected as US President.

The Department of Government Efficiency (D.O.G.E.) memecoin came about in August 2024 after Elon Musk humorously 

 that he would create a U.S. government office called the Department of Government Efficiency (or D.O.G.E.) if Donald Trump were to be elected as the 47th president of the United States. 

As a result, crypto developers capitalized on the joke, launching the D.O.G.E. token on the Ethereum network. Since its inception, the coin has surged in value, with its most noticeable price increases taking place during election-related activities and after incoming President Trump officially announced the creation of the Department of Government Efficiency.

 of Donald Trump during his 2024 presidential campaign. To show his support, he contributed substantial financial resources (roughly $200 million) and used his social media platform (X) to amplify Trump's message. He would also make public appearances at Trump rallies, often joining him on stage. 

Unsurprisingly, Donald Trump's recent election victory had a massive impact on the crypto market. Currencies saw a massive surge in value, with Bitcoin reaching an all-time high of $75,000. On top of this, the Trump administration is expected to roll back regulations on the crypto industry, allowing for an environment more susceptible to growth. Overall, Trump's victory has had an overwhelmingly positive impact on the crypto market, with further improvements expected to take place in the near future. 

 about a statement from incoming US President Donald Trump, who announced the creation of a ‘Department of Government Efficiency’ led by Elon Musk and Vivek Ramaswamy. Trump stated that the initiative “will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”

What is the Department of Government Efficiency (D.O.G.E.) Memecoin?

The D.O.G.E. memecoin was created after Elon Musk jokingly posted on X that he would create a department dedicated to government efficiency if Donald Trump won the upcoming 2024 presidential elections. 

Crypto developers capitalized on his joke, creating the D.O.G.E. token. Throughout Trump's presidential campaign, this 

 saw significant price increases, with its value surging by over 105,465% since its inception.

The D.O.G.E. memecoin is based on the Ethereum blockchain, while 

 is based on its own blockchain, the Dogechain.

The D.O.G.E. memecoin has seen some impressive price performance, especially since it was announced that Donald Trump would be the 47th president of the United States. 

Since its launch, the coin has surged by a staggering 1054x. In the week following the election, its value increased by 291%, reaching a price of $0.2134.

Following the statement by Trump on November 12 announcing the creation of the Department of Government Efficiency, D.O.G.E. gained 139% over the past 24 hours, breaking all-time highs and reaching a market capitalization of almost $400 million.

The D.O.G.E. memecoin has a total supply of 1 billion tokens, with a circulating supply of 979.13 million tokens. There is a 0% tax on transactions and a slippage range of 0.2% to 0.5%. The liquidity of the coin is locked on Uniswap v2.

Elon Musk has been vocal in his support for Dogecoin. In 2019, Musk 

 the coin in a tweet, calling it his favorite cryptocurrency, causing its value to surge by over 50%. In 2021, he 

 that Tesla merchandise could be purchased using Dogecoin, which led to yet another value spike. In 2024, Musk 

 that Tesla enable Dogecoin payments for its vehicles, which reignited interest in the coin and contributed to its recent price surge. 

Dogecoin Vs. Department of Government Efficiency (D.O.G.E.)

Dogecoin has a current market cap of $56.3 billion, an all-time high cap of $95 billion, a trading volume of over $40 billion, and approximately 4 million holders. D.O.G.E. has a current market cap of $405 million, which is an all-time high for the token.

The D.O.G.E. memecoin has a growing community of supporters, with Elon Musk being a vocal advocate. Even Donald Trump expressed his approval of the coin, with the following shirt being launched during his presidential campaign. 

The D.O.G.E. memecoin was created in August 2024, inspired by a joke from Elon Musk about forming a U.S. government office called the Department of Government Efficiency. Crypto developers launched the D.O.G.E. token soon after Musk's comment. The token saw significant price increases during election-related activities and Musk's public appearances.

It's important to note that there is a significantly higher risk factor involved with trading volatile memecoins. These coins usually experience rapid price spikes and crashes, which can lead to substantial losses in the long run.

Beginner

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Department of Government Efficiency (D.O.G.E.): Memecoin Inspired by New Trump-Elon Initiative

In this tutorial, we’ll explore how you can complete a series of tasks in Legend of Arcadia for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete 

: Scan the QR codes below to download the 

 game on Google Play Store or Apple App Store.

: Choose your preferred sign-in method. We recommend logging in with your Bybit Wallet. Alternatively, you can also choose to log in with your social accounts in order to create a 

. Please ensure that you have the Bybit Wallet app installed on your mobile phone. A pop-up DApp connection request will appear. Tap on 

to proceed. If you’re not a first-time user, tap on 

and enter your device password. You’ll then receive a 

: Return to the browser and allow your Bybit Wallet to connect to the game. Then, tap on 

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How to Complete Legend of Arcadia Tasks for Bybit Web3 Airdrop Arcade

In this tutorial, we’ll explore how you can complete a series of tasks in Xterio and Age of Dino for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete Xterio and 

 game. Once it’s installed, open the game and log in with your Xterio account.

: Locate your UID (User ID) in the game. Fill out the UID in the designated text box on the campaign landing page.

: On the campaign landing page, connect your Bybit Wallet for the 

: Sign the transaction to complete the check-in process.

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How to Complete Xterio and Age of Dino Tasks for Bybit Web3 Airdrop Arcade

In this tutorial, we’ll explore how you can complete a series of tasks in Right Trigger for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete Right Trigger tasks for Bybit Web3 Airdrop Arcade. 

Task: Create a Right Trigger Account and Add a Wallet

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How to Complete Right Trigger Tasks for Bybit Web3 Airdrop Arcade

Daily Bits

Mantra has launched the mainnet of its Layer 1 network focused on real-world assets (RWAs).

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The SPX index was down by 0.92%. The decline was driven by rising Treasury yields and cautious sentiment from the Federal Reserve regarding future rate cuts. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.49%, with Bitcoin and Ether dropping by 1.64% and 4.55%, respectively in the past 24 hours.

Today's top performer is JTO, which surged 10.2% following the news that Jito set a new fee record while Temporal expanded its partnership to boost Solana staking.

Jito (JTO), founded in 2021, is a DeFi platform built on the Solana blockchain. It incorporates a liquid staking protocol that leverages staking and MEV strategies, enabling users to earn returns by temporarily locking their cryptocurrency tokens. 

, surpassing Circle (USDC) and Ethereum with $4.16 million. To build on this momentum, Temporal is expanding its 

 with Jito as a Node Operator for Jito (Re)staking. This collaboration seeks to enhance the utility of staked SOL beyond mainnet consensus while promoting new network effects. Temporal is positioned to strengthen its role in accelerating Solana by offering top-tier APY, 0% commission, low vote latency, and skip rates.

Check Out the Latest Prices, Charts, and Data of 

 of its Layer 1 network focused on real-world assets (RWAs), allowing users to stake the OM token, bridge from Ethereum, and qualify for future RWA airdrops. The platform aims to integrate traditional finance with blockchain technology, with CEO John Patrick Mullin emphasizing the potential for a multi-trillion dollar RWA economy. Despite a 3.5% drop in OM's price to $1.38 amid a broader market pullback, the token has seen over 7,000% growth year-to-date. Mantra's recent partnerships include a $500 million real estate tokenization project with MAG and a deal with Zand Bank to streamline RWA operations.

Yesterday, the Bitcoin Spot ETF experienced a total outflow of $125.1 million, with no inflows from GBTC and a negative flow of $125.1 million from non-GBTC sources.

Tomarket, a popular Telegram game with over 40 million players, has 

 ahead of its TOMA token launch on The Open Network (TON) set for October 31. Players must reach at least Bronze level and add a tomato emoji to their Telegram username to qualify. The game allows players to earn in-game tomatoes and gold coins for leveling up. Tomarket has seen rapid growth, adding 11 million users in the past month. Meanwhile, another Telegram game, X Empire, is set to launch its X token on TON this Thursday.

Mantra Launches Mainnet for RWA-Focused Layer 1 Network Amid Significant Growth and Partnerships

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards