With Musk's continued endorsement and the anticipation of the first DOGE ETP product launch, Dogecoin's market value reached $57.8 billion, surpassing the $56.1 billion market value of automaker Porsche. Musk's recent involvement in creating the Department of Government Efficiency (DOGE), aimed at cutting government spending and streamlining regulations, has further sparked interest in Dogecoin. (Cointelegraph) #SEC