Michał Teu
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On January 21, 2025, US President Donald Trump signed an executive order establishing the Department of Government Efficiency (DOGE). Elon Musk led the initiative, following the resignation of co-chair Vivek Ramaswamy. 
DOGE aims to modernize the federal government's IT systems and reduce unnecessary spending. As part of this effort, one of the first steps was to disband the Chief Diversity Officers Executive Council (CDOEC), which is in line with Trump's campaign promises to simplify government structures. 
DOGE refers to the cryptocurrency Dogecoin, the value of which has increased significantly in recent days. The current price of Dogecoin is $0.384708, which is a 5.96% increase compared to the previous day. During the day, the cryptocurrency reached a maximum of $0.396936 and a minimum of $0.33685.
The rise in Dogecoin's value can be partly attributed to the phenomenon of FOMO (Fear of Missing Out), or investors' fear of missing out on potential profits. The news about the establishment of DOGE and the involvement of Elon Musk, known for his previous support for Dogecoin, may have influenced the increased interest in this cryptocurrency. 
In summary, the establishment of the Department of Government Efficiency (DOGE) under the leadership of Elon Musk not only influenced US government policy, but also caused significant reactions in the cryptocurrency market, especially in the context of Dogecoin.$
DOGE aims to modernize the federal government's IT systems and reduce unnecessary spending. As part of this effort, one of the first steps was to disband the Chief Diversity Officers Executive Council (CDOEC), which is in line with Trump's campaign promises to simplify government structures. 
DOGE refers to the cryptocurrency Dogecoin, the value of which has increased significantly in recent days. The current price of Dogecoin is $0.384708, which is a 5.96% increase compared to the previous day. During the day, the cryptocurrency reached a maximum of $0.396936 and a minimum of $0.33685.
The rise in Dogecoin's value can be partly attributed to the phenomenon of FOMO (Fear of Missing Out), or investors' fear of missing out on potential profits. The news about the establishment of DOGE and the involvement of Elon Musk, known for his previous support for Dogecoin, may have influenced the increased interest in this cryptocurrency. 
In summary, the establishment of the Department of Government Efficiency (DOGE) under the leadership of Elon Musk not only influenced US government policy, but also caused significant reactions in the cryptocurrency market, especially in the context of Dogecoin.$
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The current supply and demand dynamics in the Bitcoin market support optimistic forecasts for its value.
Factors influencing demand:
• Favorable regulation: President Donald Trump’s administration plans to introduce policies supporting cryptocurrencies, such as the creation of a strategic Bitcoin reserve and easing regulations, which is increasing investor confidence. 
• Institutional adoption: More and more large companies and financial institutions are including Bitcoin in their investment portfolios, seeing its potential as digital gold and a hedge against inflation. 
Factors influencing supply:
• Limited supply: The total number of Bitcoins is limited to 21 million, most of which have already been mined. This means that as demand grows, the availability of new coins decreases, which could lead to higher prices. 
The combination of growing demand, driven by favorable regulations and institutional adoption, and limited supply of Bitcoin creates conditions favorable to further increases in its value in the near term.$BTC
Factors influencing demand:
• Favorable regulation: President Donald Trump’s administration plans to introduce policies supporting cryptocurrencies, such as the creation of a strategic Bitcoin reserve and easing regulations, which is increasing investor confidence. 
• Institutional adoption: More and more large companies and financial institutions are including Bitcoin in their investment portfolios, seeing its potential as digital gold and a hedge against inflation. 
Factors influencing supply:
• Limited supply: The total number of Bitcoins is limited to 21 million, most of which have already been mined. This means that as demand grows, the availability of new coins decreases, which could lead to higher prices. 
The combination of growing demand, driven by favorable regulations and institutional adoption, and limited supply of Bitcoin creates conditions favorable to further increases in its value in the near term.$BTC
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