The cryptocurrency "Department Of Government Efficiency" has two tickers, DOGE and DOGEGOV, representing different tokens with similar names. It's crucial to distinguish between them as their prices, market capitalizations, and platforms differ significantly.
DOGE (Department Of Government Efficiency) - with ticker DOGE
* Current Price: Around $0.000017 USD (fluctuates in real-time).
* Market Capitalization: Approximately $16.97K USD.
* Circulating Supply: Self-reported as 1,000,000,000 DGE.
* Platforms: Primarily traded on decentralized exchanges (DEXs) like Uniswap v2 and Raydium.
* Price Performance:
* 24-hour change: Up by about 1.62%.
* 7-day change: No significant data available in the immediate search results.
* Note: CoinMarketCap indicates that the CMC team has not verified the circulating supply of this token.
DOGEGOV (Department Of Government Efficiency) - with ticker DOGEGOV
* Current Price: Ranges from approximately $0.020 to $0.041 USD across different platforms, indicating high volatility.
* Market Capitalization: Ranges from approximately $20 Million to $40 Million USD.
* Circulating Supply: Around 979 Million DOGEGOV.
* Platforms: Traded on centralized exchanges (CEXs) like KuCoin, Binance, and MEXC, as well as DEXs.
* Price Performance:
* 24-hour change: Significant increases reported, ranging from +56% to +88%.
* 7-day change: Substantial increases, over 200% on some platforms.
* 30-day change: Also showing significant increases, over 160% on some platforms.
* Key Points:
* Reached an all-time high of around $0.51 USD in November 2024.
* The price is affected by market sentiment and supply and demand.
News and Updates:
* The Department Of Government Efficiency (D.O.G.E.) memecoin, associated with Elon Musk and Vivek Ramaswamy's initiative, aims to streamline government operations through satire and blockchain community culture.
* It achieved a market capitalization peak of approximately $520 million in November 2024, later stabilizing around $200 million by January 2025, positioning it as a leading memecoin.
* "Friends of DOGE" (F.O.D.) initiative has boosted community engagement and trading volume.
* The Department of Government Efficiency, as a political force, began its work on January 20, 2025, which market analysts believe could lead to significant upside for the associated memecoin.
* The official "Department of Government Efficiency" (@DOGE) on social media provides updates on their work, including the cancellation of non-essential government grants and contracts.
Future Outlook:
* Price predictions for DOGE and DOGEGOV vary significantly and should be taken with caution due to the volatility of cryptocurrency markets.
* Some technical analysis suggests potential for recovery for DOGEGOV.
* Long-term forecasts are highly speculative in the crypto market.
In summary, if you are referring to the more actively traded "Department Of Government Efficiency" with the ticker DOGEGOV, it has seen significant price increases recently. However, it's essential to be aware of the volatility inherent in cryptocurrency trading. If you meant the token with the ticker DOGE, it has a much lower market capitalization and trading activity. Always verify the specific ticker and platform you are interested in.
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