Trump Signs Executive Order for Department of Government Efficiency, Ramaswamy Exits
President Donald Trump signed an executive order establishing the Department of Government Efficiency (DOGE) to enhance government operations. The initiative aims to modernize federal technology and software.
- Aaron Levie, CEO of Box, supports DOGE's mission to modernize government efficiency.
- Elon Musk believes DOGE will improve efficiency and reduce inflation.
Vivek Ramaswamy Exits DOGE
Vivek Ramaswamy is stepping down from co-leading DOGE to pursue a run for Ohio governor. He played a significant role in developing the initiative over the past two months.
- Transition spokesperson Anna Kelly confirmed Ramaswamy's departure.
- Ramaswamy expressed support for DOGE and future plans in Ohio.
Dogecoin Price Analysis
With DOGE gaining official status, analysts are monitoring Dogecoin ($DOGE) for potential price movements. Currently, Dogecoin is 9.3% down at $0.34, but analysts project a possible surge exceeding 108% to surpass its all-time high of $0.73905.
- Market patterns suggest that breaking previous highs often leads to exponential growth.
- Historical data shows Dogecoin has increased over 8x after breaching its peak, leading to speculation prices could exceed $5.
Source: Javon Marks