DOGE News: Elon Musk’s D.O.G.E Initiative Sparks Unprecedented Job Application Surge in America

In a surprising turn of events, Elon Musk’s D.O.G.E initiative has reportedly led to a significant increase in job applications in America, particularly from individuals affected by the cuts at D.O.G.E-targeted agencies. Here’s a closer look at the unprecedented surge and its implications.

D.O.G.E Creates Surge in Job Applications in America

Elon Musk’s D.O.G.E has led to a significant increase in jobless people in America. According to Indeed’s data, job applications from individuals working at D.O.G.E-targeted agencies have surged by 75% compared to 2022. This spike is unprecedented and far exceeds any previous presidential transitions, including those in 2016 and 2020. Federal workers affected by these cuts have sent in 60% more applications from January to February alone, and layoffs are ongoing. Cory Stahle, an economist at Indeed, noted that this is the biggest job-seeking spike the site has ever recorded after an election, stating that it is not a good time to be looking for a job, especially in a freezing job market for white-collar workers.

Dogecoin’s Network Activity Drops to 6-Month Low

Dogecoin’s [DOGE] network activity has fallen to its lowest level since October 2024, with just 66 large whale transactions and less than 60,000 active addresses daily. This slowdown raises questions about the next direction of DOGE’s price, which is currently stuck in a consolidation phase around $0.172. However, as of writing, the altcoin was trading at $0.1837, a 4.4% increase over the last 24 hours.

Dogecoin Breaks Above Bullish Daily Pattern – Analyst Sees A Surge To $0.43

Dogecoin is showing signs of life after weeks of sideways trading between $0.16 and $0.18. Meme coins have suffered amid market uncertainty and selling pressure. However, Dogecoin managed to break above the $0.18 mark over the last 24 hours, sparking excitement. Top analyst Carl Runefelt noted that Dogecoin is breaking out of a bullish falling wedge pattern on the daily chart, hinting at a possible trend reversal. Investors are closely watching to see if Dogecoin can establish a foothold above current levels and begin a meaningful recovery.