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Dogecoin Logo Lands on Elon Musk's New Government Website
Key Takeaways
- Elon Musk-led government agency website, Doge.gov, features the Dogecoin logo;
- Dogecoin’s price jumped 14.4% to $0.396 after the launch of Doge.gov, which boosted its market cap to $58 billion;
- Registered by a federal agency, Doge.gov includes Dogecoin-themed visuals and references.
A website for the Department of Government Efficiency (DOGE), the United States government agency led by Elon Musk, has gone live.
The acronym DOGE, which matches the ticker symbol for Dogecoin
The website, Doge.gov, features the Dogecoin logo. Though it appears to be a work in progress, it has already made an impact.
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Within 30 minutes of the site’s discovery, Dogecoin’s price surged 14.4%, reaching $0.396 before settling at $0.3782. The price jump also increased Dogecoin's market cap to $58 billion.
The site domain was registered in Los Angeles, California, on January 21 by a member of the US Cybersecurity and Infrastructure Security Agency. The registrar reportedly confirmed the website's status as an official government platform, though Elon Musk has not yet commented on this development.
The Dogecoin logo on the website features an image of a Shiba Inu within a golden coin—except, unlike the original Dogecoin design, it does not include the white "D" logo.
A closer look at the site’s source code reveals the ASCII art of Doge, which strengthens its connection to the cryptocurrency.
Meanwhile, Vivek Ramaswamy has stepped down from DOGE, leaving Musk as the sole leader of the agency. What happened? Read the full story.