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Elon Musk has commented on Dogecoin (DOGE) inflation, saying that the currency’s flat inflation is a feature, not a bug. The asset has boomed in the past month thanks to Donald Trump’s US election win, as the President-elect says Elon Musk will join his staff. Musk will reportedly head the new Department of Government Efficiency, conveniently coined the “DOGE” department. JUST IN: Elon Musk says he thinks the flat, decreasing inflation of Dogecoin $DOGE is a feature, not a bug. — Watcher.Guru (@WatcherGuru) November 13, 2024 According to Elon Musk, the flat inflation of Dogecoin, which means decreasing percentage inflation, is supposed to appear. Musk responded to a tweet by Billy Markus, the creator of Dogecoin also known as Shibetoshi Nakamoto, where Markus explained how to remove the inflation of dogecoin. Agreeing with Musk that this was ideal for something like DOGE intended as a currency, Markus added Dogecoin will have “predictable inflation wi...

While the general uptrend started earlier, Dogecoin (DOGE) entered a massive rally on November 6, 2024, when former President Donald Trump became president-elect again. Specifically, the original meme coin was priced at about $0.1807 on Wednesday and has rocketed 60.32% since to DOGE price today of $0.2897. Overall, the cryptocurrency is up 159.08% in the last 30 days and 84.37% in the last 7. Furthermore, the latest 24 hours in the cryptocurrency market demonstrate the Dogecoin rally is far from over, as the popular token is up 21.94% within the time frame. Picks for you Jim Justice’s net worth revealed: The Senator-elect makes history as the richest ever 2 mins ago Savvy crypto trader turns $318k into over $3 million in an hour ...

The Department Of Government Efficiency price has soared 309% in the past week and 52% in the last 24 hours to trade at $0.1663 as of 9:20 p.m. EST on a 70% pump in trading volume to $33 million. The sharp rise follows Donald Trump’s landslide win in the US election, and comes amid speculation that he may appoint Elon Musk to head a Department of Government Efficiency (DOGE). The pump made DOGE the top gainer among meme coins over the past week, according to CoinGecko. Department Of Government Efficiency Price: A Parabolic Curve The daily DOGE/USD pair shows a dynamic price structure, marked by a consolidation phase followed by a powerful parabolic rise. Initially, from mid-September to late October, DOGE/USD lingered in a low-volatility range of around $0.01 to $0.02. According to data from GeckoTerminal, this consolidation phase indicates a period of market indecision, where neither buyers nor sellers dominated, resulting in sideways price movement. However, the price sharp...

The Department of Government Efficiency price pumped 4% in the last 24 hours to trade at $0.000005919 as of 6:40 a.m. EST on a 30% drop in trading volume to $266,700. The DOGE price rise came after Elon Musk tweeted that “D.O.G.E will fix it” in response to news that California officials had rejected more SpaceX rocket launches. This is so dumb. SpaceX is literally America's only chance to stay ahead of China in space, and these guys are reading X posts??? pic.twitter.com/P1Sx6oGJ6E — Noah Smith 🐇🇺🇸🇺🇦🇹🇼 (@Noahpinion) October 15, 2024 Musk was referring to Donald Trump’s plan to put him in charge of a Department of Government Efficiency (DOGE) if he retakes the White House after next month’s presidential election. Department of Government Efficiency Price Outlook The UNI/USDT price has been moving strongly upward, peaking at $0.00006009. But after that surge, it’s pulled back about 12.85%,...