With Musk's continued endorsement and the anticipated launch of the first DOGE ETP product, Dogecoin's market value has reached 57.8 billion USD, surpassing the market value of automaker Porsche at 56.1 billion USD. Musk's recent involvement in the creation of the Department of Efficiency (DOGE), which aims to cut government spending and simplify regulation, has further sparked interest in Dogecoin. (Cointelegraph)