DOGE: Elon Musk Clarifies No Connection to D.O.G.E Department
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In a recent speech, Elon Musk has set the record straight regarding the naming of the D.O.G.E department, emphasizing that it stands for Department of Government Efficiency and has absolutely no ties to the cryptocurrency Dogecoin. Despite this clarification, speculation about a potential LINK persists.
Elon Musk Confirms No Dogecoin Involvement in D.O.G.E Department
Elon Musk clarified during a speech that the D.O.G.E department’s name stands for Department of Government Efficiency and has no connection to Dogecoin. He explained that he took the name from internet suggestions and that it was originally intended to be called the Government Efficiency Commission, but he found it boring. Despite Musk’s clear refusal, opinions about Dogecoin’s involvement are still evident after the D.O.G.E department displayed the Shiba Inu cryptocurrency mascot on its website in February.
Elon Musk Clarifies Dogecoin Is Not Part of D.O.G.E. Plans
Elon Musk has clarified that Dogecoin (DOGE) is not linked to the newly formed US Department of Government Efficiency (D.O.G.E.). Speaking at a town hall, Musk said the naming similarity was coincidental and not driven by any intention to integrate the digital asset into government operations. He explained that the internet suggested changing the name from Government Efficiency Commission to Department of Government Efficiency, and he agreed.
Experts Forecast 120% Dogecoin Rally In April
Dogecoin (DOGE) is currently trading at $0.19, up 42% since its March low. Analysts have signaled a potential 120% rally in April. Technical indicators reveal a break of a three-month descending trendline, with little opposing movement up to $0.31. However, Mutuum Finance (MUTM) is quietly dominating presale traction, raising $5.9 million with 7,600 holders. MUTM’s Phase 4 presale fills up for $0.025, a 20% discount before its next price increase, while Dogecoin whales accrue 200 million coins. Early investors in MUTM are banking on it breaking the $0.06 listing target, promising a return of 140%.
