Dogecoin Surges After Elon Musk Endorses 'D.O.G.E' Agency at Trump Rally

Elon Musk's mention of a 'Department of Government Efficiency' boosts Dogecoin's value, highlighting its sensitivity to his influence.

Elon Musk's playful endorsement of a 'Department of Government Efficiency' at a Pennsylvania rally led to a 15% rise in Dogecoin's value.
Musk's comments came during a campaign event for Donald Trump, where he emphasized the importance of Pennsylvania in the upcoming election.
Dogecoin's market capitalization increased to $20 billion, marking significant gains over the past week and month.
Technical indicators suggest a bullish trend for Dogecoin, with a potential 'Golden Cross' pattern indicating a major rally.
Musk's influence on Dogecoin is longstanding, often causing price spikes with his public endorsements and social media posts.