Too Late to Buy DOGE? Department of Government Efficiency Price Spikes 81% as Trump Wins Pre...
$The price of Department of Government Efficiency has spiked 81% in the past 24 hours, trading at $0.07051 at 3:42 a.m. EST with trading volume that surged 460% to $32 million.
DOGE’s price surge came after Donald Trump secured his second term as president by defeating Kamala Harris in Tuesday’s US election.
Musk, who has been a vocal supporter of Trump, took to his social media platform X to announce the victory, saying, “The people of America gave Donald Trump a crystal clear mandate for change tonight.” The people of America gave @realDonaldTrump a crystal clear mandate for change tonight
— Elon Musk (@elonmusk) November 6, 2024
Trump’s victory raised the question of whether Elon Musk would soon be appointed to lead a Department of Government Efficiency (DOGE) in the incoming Trump administration.
Trump has said he would bring Musk into his second administration to reduce government waste, prompting Musk to call the effort the “Department of Government Efficiency,” or DOGE, naming the department after the meme coin he has frequently promoted.
