Is DOGE the new national reserve currency of the United States replacing Bitcoin?

Dogecoin (DOGE) is attracting attention as a cryptocurrency, but its potential to become the national reserve currency of the United States remains uncertain. In the context of Donald Trump recently announcing the establishment of the "Department of Government Efficiency" (DOGE), there are reports that Billy Markus, the founder of Dogecoin, has proposed the idea of a national reserve fund for Dogecoin. However, this reflects more on the cultural and financial aspects of cryptocurrency rather than a practical plan.

While Bitcoin has established a strong position as a global reserve asset, Dogecoin, which originated from an internet joke, still lacks the necessary reliability to be considered a serious store of value. Both currencies have seen significant price growth recently, thanks to statements and moves from Trump and Elon Musk, but the differences between them remain stark.

Therefore, there is no solid basis for Dogecoin to replace Bitcoin as a national reserve currency in the near future.