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    Home»Markets»Dogecoin jumps 10% as new DOGE authorities web site adopts Dogecoin emblem
    Dogecoin jumps 10% as new DOGE authorities web site adopts Dogecoin emblem
    Markets

    Dogecoin jumps 10% as new DOGE authorities web site adopts Dogecoin emblem

    By Crypto EditorJanuary 21, 2025No Comments2 Mins Read
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    The USA authorities’s official web site for the Division of Authorities Effectivity (DOGE) has gone reside and prominently shows the Dogecoin emblem. This replace coincides with a ten% enhance in Dogecoin’s value, rising from $0.35 to $0.38 inside a minute, bringing its market capitalization to roughly $56.5 billion.

    The DOGE web site options the Dogecoin emblem alongside the assertion, “The individuals voted for main reform.” Notably, the positioning’s HTML contains an ASCII illustration of the Dogecoin emblem and a hyperlink to the Division’s official Twitter/X account.

    Dogecoin jumps 10% as new DOGE authorities web site adopts Dogecoin emblem
    DOGE web site (Supply: US Authorities)

    The web site’s favicon, nonetheless, is a golden greenback check in a black circle with a gold trim. Thus, it appears the Dogecoin emblem is just not meant to characterize the federal government division; its inclusion is probably going nothing greater than a callback to the memetic worth of the division’s acronym.

    Elon Musk, appointed to steer the Division of Authorities Effectivity, has been a vocal supporter of Dogecoin. His involvement within the division has beforehand influenced Dogecoin’s market efficiency. 

    Analyst

    Liam ‘Akiba’ Wright

    Editor-in-Chief at CryptoSlate

    Also referred to as “Akiba,” Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized expertise has the potential to make widespread optimistic change.

    Disclaimer: Our writers’ opinions are solely their very own and don’t mirror the opinion of CryptoSlate. Not one of the info you learn on CryptoSlate ought to be taken as funding recommendation, nor does CryptoSlate endorse any challenge that could be talked about or linked to on this article. Shopping for and buying and selling cryptocurrencies ought to be thought-about a high-risk exercise. Please do your personal due diligence earlier than taking any motion associated to content material inside this text. Lastly, CryptoSlate takes no duty do you have to lose cash buying and selling cryptocurrencies.



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