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Elon Musk’s Shocking Dogecoin Announcement Sends Shivers Through Community As Price Tumbles

  • Elon Musk clarified the distinction between the Department of Government Efficiency (D.O.G.E.) and Dogecoin, leading to a decline in Dogecoin's price.
  • During a town hall, Musk explained that the D.O.G.E. department is unrelated to Dogecoin and will not integrate any cryptocurrency into its operations.
  • Speculation about the D.O.G.E. agency boosting Dogecoin adoption and use cases was dismissed by Musk's comments.
  • Dogecoin's price has been adversely affected by the news, with traders reacting strongly and the coin currently trading at $0.168.

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