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Wed, May 28, 2025

Elon Musk is leaving the federal government. What's next for DOGE?

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Elon Musk is leaving the Department of Government Efficiency effort. His 130 day tenure was marked by legal setbacks, overstated savings claims and little evidence DOGE made things more efficient.
Elon Musk's departure from his role in the federal government has sparked widespread speculation about the future of Dogecoin (DOGE), a cryptocurrency he has publicly supported. Musk, who has been a significant influencer in the crypto market, particularly for DOGE, announced his exit to focus on his private ventures, including Tesla and SpaceX. His departure raises questions about the stability and future value of Dogecoin, as his endorsements have historically led to significant price fluctuations. Experts are divided on whether DOGE will continue to thrive without Musk's backing, with some predicting a potential decline in interest and value, while others believe the cryptocurrency has gained enough momentum to sustain itself independently. The crypto community is closely watching how DOGE will perform in the coming months without Musk's influence.

Read the Full WLRN Article at:
[ https://www.wlrn.org/national-politics/2025-05-30/elon-musk-is-leaving-the-federal-government-whats-next-for-doge ]