Elon Musk and DOGE: A Crypto Meme Comes to Politics

USAThu Nov 14 2024
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Elon Musk, a top Trump donor, has been appointed to lead a new advisory group called the Department of Government Efficiency, or DOGE. This isn't an official government department but a joke that's turned into something real. The name DOGE comes from the Doge meme, which features a cute Shiba Inu dog and funny, broken English phrases. The Doge meme started in 2010 with a picture of a Japanese kindergarten teacher's dog, Kabosu. It became popular in 2013 when people added colorful Comic Sans-style text to the photos. The meme inspired a cryptocurrency called Dogecoin in 2013, which has become quite popular. Musk has supported Dogecoin, even planning a Dogecoin-funded SpaceX mission to the moon.
Dogecoin's price has risen many times due to Musk's actions. When Trump announced the DOGE office, the price of Dogecoin shot up by almost 20%. This isn't the first time Musk has used memes for fun or to influence things. Musk's new role in the Trump administration raises questions. Should a meme-based cryptocurrency influence politics? Is this a good use of Musk's time and influence? These are things to think about as DOGE moves from the internet to the political scene.
https://localnews.ai/article/elon-musk-and-doge-a-crypto-meme-comes-to-politics-749563c9

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