Elon Musk’s recent Dogecoin-themed meme raised questions about potential market manipulation
Elon Musk’s recent social media posts referencing “D.O.G.E.” have once again raised questions about his influence on Dogecoin (DOGE). A recent tweet mentioning the “Department of Government Efficiency (D.O.G.E.)” caused a brief spike in DOGE’s price, even though Musk’s reference was tied to a political project rather than the cryptocurrency itself. This pattern has led to speculation over whether Musk intentionally impacts the meme coin’s value through his posts. Musk