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Dogecoin Dips 10% As Trump Taps Musk And Ramaswamy For ‘DOGE’

  • Dogecoin (DOGE) has dropped 10% in the last 24 hours, despite the announcement of the Department of Government Efficiency (DOGE) by President-elect Donald Trump.
  • Elon Musk and Vivek Ramaswamy have been appointed to lead the initiative, aimed at dismantling government bureaucracy and cutting wasteful expenditures.
  • The establishment of the DOGE department was expected to generate positive momentum for Dogecoin, but the price took an unexpected downward turn.
  • Analysts predict a potential correction in the Dogecoin price before it heads higher.

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