Donald Trump Discusses Elon Musk’s DOGE Role, Crypto, and Bitcoin

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Musk, a known supporter of Dogecoin, agreed to lead this initiative without pay. Trump’s proposal highlighted a broader agenda to streamline government operations, reclaim unspent funds from the Biden administration, and deny mortgages to undocumented immigrants. He also expressed ambitions to make the U.S. a leader in the crypto and AI sectors. 

While the news caught attention, it had little impact on Dogecoin’s market value. The coin saw a slight 2.53% increase, trading at around $0.098. 

Musk’s involvement in government reform comes after a dismissed lawsuit that accused him of manipulating Dogecoin’s value in 2022. His renewed public support for the cryptocurrency, including a potential return of Dogecoin as a payment option for Tesla products, has reignited interest in the meme coin.