The Department Of Government Efficiency (DOGE) token price fell over 2% in the last 24 hours amid discussions about a possible savings return to US citizens.
DOGE Price Decline
The DOGE price declined following US President Donald Trump's statement about a possible return of 20% of the project's savings to American citizens. This discussion emerged at an economic summit in Miami where the president also proposed using another 20% savings to reduce the national debt. The DOGE project claims to have saved $55 billion, though these numbers remain unverified.
DOGE/USD Changes
Recent trends show a decline in the DOGE/USD chart. The current price level is below the 50-period Simple Moving Average ($0.04732), indicating bearish sentiment. The MACD indicator is in negative territory, reflecting weak momentum, and the RSI shows weakness at 40.91. Key resistance and support levels are at $0.04732 and $0.039, respectively.
New Mind of Pepe Project
Amid DOGE's uncertainty, a new crypto project, Mind of Pepe (MIND), is gaining popularity, having raised over $6.5 million in presales in two months. The project uses AI to track market trends in real-time, offering unique investment opportunities. Analysts predict MIND could rise 100-fold after launch.
While DOGE is in a bearish trend, Mind of Pepe offers promising opportunities in the crypto market with innovative approaches and technology.