A new meme coin inspired by Elon Musk’s joke about a Department of Government Efficiency (D.O.G.E.) under a potential second Trump administration has seen significant price increases in the past week. D.O.G.E. token prices surged 75% in 24 hours, reaching $0.163, contributing to a 291% weekly gain.

While trading activity for both tokens has been closely tied to Musk’s public appearances and social media activity, the relationship between political events and token prices has become more apparent. The D.O.G.E. token has a fixed supply of 1 billion tokens and is available on popular trading platforms like XT.COM, AscendEX, and Raydium.

The token can also be added to crypto wallets like MetaMask using its contract address: 0x1121acc14c63f3c872bfca497d10926a6098aac5. Recent market data indicates that D.O.G.E. is outperforming both the global cryptocurrency market and other Ethereum ecosystem tokens.

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