$DOGE

Dogecoin's ups and downs: With Musk's backing, can it explode again?

1. Dogecoin occupies a unique position in the crypto market with its 'Doge' mascot, culture, and fan base.

2. Musk is its biggest promoter, with tweets often causing price fluctuations. Now that he is the head of the 'Department of Government Efficiency' (D.O.G.E), speculation about price surges has arisen.

3. Musk's disruptive traits and support for Dogecoin are significant driving forces. After joining this department, Dogecoin may receive policy support and even become a government payment tool.

4. Currently, the price of Dogecoin is about $0.33, and some analysts believe that the $0.2 range is a good buying opportunity.

5. Dogecoin's price is highly volatile, and although there is no strong technical support, it has become an important force in the market thanks to Musk and community support.

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