XRP, one of the most popular tokens in the cryptocurrency market, has been attracting a lot of attention in recent weeks. With a solid performance in November, when the price fluctuated between $1.95 and $2.00, the token broke important resistances and, in early December, is already flirting with $2.45. Projections for the rest of December and early 2025 are optimistic, with the possibility of new highs driven by a series of fundamental and technical factors. Here's what to expect:

Elon Musk announced that D.O.G.E. will shut down in July 2026, coinciding with America’s 250th independence anniversary.  

Crypto leaders argue two years is insufficient to reform government spending and tackle the national debt.  

Influencers, including Sean Ono Lennon, urge Musk to extend D.O.G.E.'s mission beyond 2026 for lasting impact.  

Tech billionaire Elon Musk has announced that the Department of Government Efficiency (D.O.G.E.), a venture he co-leads with entrepreneur Vivek Ramaswamy, will cease operations in July 2026. The decision was revealed in a tweet highlighting that government initiatives should have defined expiry dates. Significantly, the shutdown aligns with the 250th anniversary of America’s independence, underscoring its symbolic nature. 

https://twitter.com/elonmusk/status/1863666221301764462

Crypto Influencers Question the Timeline  

The announcement has sparked strong reactions within the cryptocurrency community, especially among Dogecoin enthusiasts. Many believe the proposed timeline is insufficient to address the organization's goals of tackling government inefficiency and reducing national debt.  

Crypto influencers, including Sean Ono Lennon and Gabor Gurbacs, voiced their concerns. Lennon requested Musk to reconsider, emphasizing the need for more time. Gurbacs suggested a permanent watchdog role to ensure lasting reforms.  

Memes Highlight Dogecoin Connection  

Adding to the debate, Dogecoin enthusiasts drew connections between D.O.G.E. and the popular cryptocurrency. The user @dogeofficialceo shared a humorous meme envisioning Dogecoin as the global reserve currency by 2026. Meanwhile, Dogecoin co-creator Billy Markus humorously referenced the project’s self-destructive timeline with a viral meme.  

Musk and Ramaswamy’s initiative comes amid growing concerns about the U.S. national debt, which has reached unprecedented levels over the past four years. Consequently, D.O.G.E. was established to introduce efficiency in government spending and address economic challenges.  

Calls for Extension Gain Momentum  

Prominent figures across the crypto sphere, including Robert Kiyosaki and Michael Saylor, have joined the call to extend D.O.G.E.’s timeline. Their arguments center on the belief that the proposed two years are inadequate to achieve lasting reform.  

While the debate continues, the future of D.O.G.E. remains uncertain, with Musk standing firm on the expiry date. However, the growing clamor for an extension signals the high stakes attached to the organization’s mission.