Summary
- "Elon Musk stated that the US government has no plans to use or adopt Dogecoin."
- "It was reported that the United States Department of Government Efficiency (D.O.G.E) and Dogecoin only have similar names and are not related."
- "Dogecoin's price is currently reported to be down 3.34% from the previous day at $0.1656 according to CoinMarketCap."
It has been revealed that there is no connection between the United States Department of Government Efficiency (D.O.G.E.) and Dogecoin (DOGE), which had drawn attention for using the same name.
On the 31st (local time), Elon Musk, CEO of Tesla and head of the Department of Government Efficiency, participated in a town hall meeting and stated, "It is true that they have the same name, but there is no connection between them." He added, "The US government has no plans to use or adopt Dogecoin."
Meanwhile, as of 1:47 PM on this day, Dogecoin is trading at $0.1656, down 3.34% from the previous day according to CoinMarketCap.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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