Elon Musk frequently references "Doge," an internet meme from the 2010s based on a photo of a Shiba Inu dog with Comic Sans text overlaid on top.

Doge' began as a meme of a Shiba Inu dog in the early 2010s - but what has that got to do with cryptocurrency, Musk and the US government? | ITV National News

Shrub (CRYPTO: SHRUB), the new pet of Elon Musk‘s family, is trading more than 3,300% higher in seven days as whales keep accumulating the meme coin following a Musk tweet. What Happened: In a tweet on X on Nov.

Dogecoin, the meme cryptocurrency often associated with Elon Musk, soared in value after President-elect Donald Trump greenlit the tech billionaire's ideas for a new executive department by a similar name.

Dogecoin is making headlines after President-elect Donald Trump announced the creation of the Department of Government Efficiency on X this past Wednesday. This meme coin was worth 16 cents on Election Day and has since more than doubled to a high of nearly 39 cents earlier today.

Elon Musk's Department of Government Efficiency seeks "Top 1%" talent to tackle government waste, demanding 80+hour weeks and high IQ from applicants.

Dogecoin spiked again on Wednesday after Donald Trump appointed Elon Musk to help lead the Department of Government Efficiency, or DOGE.

The meme coin's value soared to nearly 40 cents, and market analysts are speculating it may soon skyrocket to $1 a coin.