Elon Musk has ended his commitments as a government special employee, attracting attention from both political and crypto circles, strengthening interest in Dogecoin.
Elon Musk Ends Government Role
Elon Musk has officially stepped down as a Special Government Employee under the Trump administration. He was heading the Department of Government Efficiency (DOGE), proposing various measures to cut federal expenditures including foreign aid and public broadcasting.
DOGE ETF Filing
Recently, 21Shares filed to launch the first-ever Dogecoin ETF. This move could pave the way for institutional investors, indicating growing recognition of DOGE as a legitimate digital asset.
Dogecoin Price Prediction
Currently, Dogecoin is trading at $0.2257, up 1.17% in the last 24 hours. Interest is rising due to retail investor engagement and current political events.
With Elon Musk leaving his government position and increasing interest in Dogecoin, the market may be gearing up for another historic move, possibly approaching the $1 milestone.
