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Mon, March 24, 2025

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What DOGE is Doing Now

^{Published on 2025-03-23 08:20:40 - Kiplinger}

As Musk's DOGE pursues its ambitious agenda, uncertainty and legal challenges are mounting
causing frustration for Trump.

The article from Kiplinger discusses the phenomenon of Dogecoin, a cryptocurrency that started as a meme featuring the Shiba Inu dog from the "Doge" meme. Initially created in 2013 as a light-hearted parody of Bitcoin, Dogecoin has gained significant attention and value over the years, especially with endorsements from high-profile figures like Elon Musk. Despite its origins, Dogecoin has been used for tipping, charitable donations, and even as a payment method by some businesses. The article explores how Dogecoin's community, known for its friendly and charitable nature, has propelled its popularity. It also touches on the speculative nature of Dogecoin's value, driven more by social media buzz and celebrity endorsements than by traditional economic fundamentals. The piece concludes by noting the volatile nature of Dogecoin's market value, its lack of a cap on coin supply, and the ongoing debate about its legitimacy as a long-term investment compared to other cryptocurrencies.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/politics/what-doge-is-doing ]

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