Why is $DOGE is pumping hard?
Dogecoin saw a sharp rise after Elon Musk mentioned it during a town hall in Folsom, Pennsylvania. When asked about his involvement in a proposed "Department of Government Efficiency" (D.O.G.E.), Musk humorously responded with "Yeah, Doge," causing excitement in the crowd.
This small comment was enough to boost Dogecoinâs value by over 6.8%, pushing the price to $0.13âits highest level since July.
Dogecoin's value surged to $0.1352, marking a 6.8% increase in just 24 hours. This spike has pushed its market capitalization to $19.3 billion, according to CoinGecko.
#DOGE #ELON #ELONMUSK #xmucan
