The popular dog-themed cryptocurrency Dogecoin (DOGE/USD) witnessed a surge late Sunday night following the announcement from President-elect Donald Trump regarding the appointment of longtime loyalist Katie Miller to the newly established Department of Government Efficiency. This department will be overseen by billionaire Elon Musk and former presidential candidate Vivek Ramaswamy.
So, what’s the buzz all about? Through his Truth Social account, Trump declared, Katie Miller will soon be joining DOGE! He praised her loyalty and expressed confidence in her ability to bring her professional expertise to the Government Efficiency initiative.
Miller, in her own words, expressed her gratitude: Deeply honored to work for you at DOGE to make our government efficient and accountable. Let’s Make America Great Again! The heartfelt message was shared on her Twitter account, where she connected with fellow supporters.
Miller’s track record is notable; she previously served as deputy press secretary at the Department of Homeland Security during Trump’s first administration. Following that, she assumed the role of press secretary for former Vice President Mike Pence. Adding another twist, her husband, Stephen Miller, has been appointed as Deputy Chief of Staff for Policy in the forthcoming Trump administration.
The Department of Government Efficiency, affectionately known as DOGE, aims to streamline government operations by reducing unnecessary bureaucracy, eliminating excessive regulations, cutting wasteful spending, and reconfiguring federal agencies. This ambitious initiative, championed by both Musk and Trump, signals a shift towards improving governmental practices.
As for Dogecoin, it’s no surprise that it gained traction amidst these developments. Musk’s interest in the cryptocurrency, coupled with the exciting news surrounding the new department, has led to a positive response from investors. At the time of this writing, Dogecoin was trading at $0.315, marking a 2.19% increase within the last 24 hours, according to data from Benzinga Pro.
Clearly, the intertwining of politics, cryptocurrency, and a dedicated push for government reform has put Dogecoin in the spotlight, sparking both enthusiasm and speculation within the community. For those tracking the rise of cryptocurrencies and key political appointments, this story is one to watch closely.
