$DOGE Mr. Trump chooses billionaire Elon Musk to co-lead the "Department of Government Efficiency"
Elected president Donald Trump announced that billionaire Elon Musk and Vivek Ramaswamy will lead the new "Department of Government Efficiency" of the United States.
"I am very pleased to announce that the great Elon Musk, in partnership with patriotic American Vivek Ramaswamy, will lead the Department of Government Efficiency (DOGE). Together, these two great Americans will pave the way for my administration to dismantle the government's bureaucracy, cut unnecessary regulations, reduce wasteful spending, and restructure federal agencies, which is essential for the 'Save America' movement," elected president Donald Trump said in a press release on November 12.

Minister Elon Musk becomes the world's most powerful businessman, compared to legendary US diplomat
The world's richest billionaire Elon Musk is having an unprecedented influence.
Recently, Fortune magazine voted Elon Musk as the most powerful businessman in the world, above Nvidia CEO Jensen Huang, Microsoft CEO Satya Nadella and Apple CEO Tim Cook.
This view is not only based on the fact that Elon Musk is the richest person in the world or the series of famous companies that this billionaire owns such as SpaceX and Tesla, but also on his relationship with Mr. Donald Trump.

Dogecoin surged after President-elect Trump announced the new Department of Government Efficiency, or “DOGE,” headed by Elon Musk and Vivek Ramaswamy. Memecoin surged nearly 20% to $0.43 before falling back to $0.37.
Since the election, Dogecoin has increased by more than 150%, far outpacing Bitcoin's 30% gain.
It also surpassed XRP in market capitalization, becoming the sixth-largest cryptocurrency and reflecting strong retail interest in cryptocurrencies.

Meme coins are booming. However, according to top trader Murad, this is just the beginning of a big bull run.
With Bitcoin hitting an all-time high and the number of people getting involved in crypto growing, Murad believes the meme coin market is preparing for its biggest rally ever.

Trader Murad Predicts Meme Coin Boom Will Hit in 2025

With Donald Trump back in the White House, some of his supporters, including Elon Musk, are questioning whether the Federal Reserve should exist.
Elon Musk wants to “abolish” the Federal Reserve
Elon Musk, one of President Trump's biggest supporters, reposted Republican Senator Mike Lee's post on social media X with the "100%" emoji, supporting the idea of ​​abolishing the Fed. According to Mike Lee, the Fed is an agency that does not belong to the President's power, which is against the Constitution. This is why many Republicans want to abolish the Fed and put control of the money supply in the hands of the President. Although Trump has not yet announced his support for this, his team has emphasized that all policies will be decided by President Trump himself.

Dogecoin (DOGE) has been making headlines recently as analysts and traders have expressed their bullish sentiment towards the coin.
According to Altcoin Sherpa, a famous cryptocurrency analyst, if anyone likes to invest in meme coins, Dogecoin should still be the number one choice at present and in the future.
Retail Investors Drive Dogecoin Price
One of the main reasons Altcoin Sherpa believes in Dogecoin’s potential is the anticipated wave of retail investment. The analyst believes that retail investors will eventually “buy in,” sending DOGE prices higher.

President-elect Donald Trump has nominated billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy to lead the newly created Department of Government Efficiency (DOGE).
"I am pleased to announce that Elon Musk, along with Vivek Ramaswamy, will lead the Department of Government Efficiency (DOGE)," President Donald Trump said in a press release on November 12.
President-elect Donald Trump said billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy will pave the way for the new administration to dismantle government bureaucracy, cut redundant regulations, cut wasteful spending and restructure federal agencies.