$DOGE In just six short weeks, the price has soared by 330%! The driving force behind this was initially the hype surrounding Trump's election as President of the United States. Once Trump took office, the momentum for Dogecoin intensified because a new department called the Department of Government Efficiency emerged, which was spearheaded by Musk.

Now everyone's eyes are on December 5th, believing it to be a turning point for Dogecoin's fate. Why do they say that? Because on that day, Musk and a big shot named Vivek Ramaswamy will introduce their new proposal to members of Congress at a conference in Washington, D.C. This proposal was developed with the support of the Department of Government Efficiency and is said to have a significant impact on Dogecoin's price.

This Department of Government Efficiency, abbreviated as DOGE, shares the same name as Dogecoin, which is quite a coincidence. Under Musk's leadership, they plan to streamline government spending and make federal agencies operate more efficiently. Once this department was established, combined with the backing of big names like Musk and Trump, Dogecoin became a hot topic of discussion, and its price rode a rollercoaster.

You see, when the news broke that Musk was appointed as CEO of Dogecoin, the price immediately jumped by 15%. Later, with various support and activities, the price rose by another 120%. Plus, with Musk's various hints on social media and his donations to initiatives, the price increased by another 10%. This is a direct reflection of media coverage and the market speculation and public enthusiasm driven by Musk's push for the Department of Government Efficiency.

Now, the meeting on December 5th is a big day for Dogecoin. It is said that Musk and Ramaswamy will discuss with Republican congressional leaders how to reduce regulation, cut administrative costs, and save expenses. Their plans are ambitious, intending to cut a lot of federal jobs and shut down a bunch of federal agencies and regulatory bodies. Whether these proposals can be realized depends on whether Congress gives the green light. But this meeting at least shows that the Republican leadership is very attentive to their initiatives.

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