What is Doge, the currency and the Elon Musk meme that gives its name to the discount department he will lead at the White House

Donald Trump is already making his first decisions as president-elect of the United States. Even if his mandate does not begin until January 20, 2025, the Republican is already considering what his government will be for the next four years. And Elon Musk will play a key role in it.

The billionaire will be responsible, with Vivek Ramaswamy, for the Department of Government Efficiency (DOGE, in English). Trump assures that they will be responsible for “promoting large-scale structural reforms” and “dismantle government bureaucracy, reduce excessive regulations, cut wasteful spending, and restructure federal agencies.”

This department must meet these objectives before July 4, 2026, coinciding with the 250th anniversary of the founding of the United States. However, one of the most striking things about DOGE is not the complex work it will do, but its name and its origin.

From an Internet meme to government

DOGE became popular in 2013. It’s a meme of a Shiba dog accompanied by some phrases in different colors. It is precisely from this meme that the cryptocurrency “DogeCoin” was born, which is the image of the dog and has been distributed several times by Elon Musk.

In 2019, The cryptocurrency community held a farcical vote to choose the CEO to take DOGE to the Moon. Musk was the winner and this benefited the cryptocurrency, which became a success.

Another notable episode in this relationship between Elon Musk and cryptocurrency It happened when he replaced the Twitter icon with the dog’s photo. He has already acquired ownership of the social network. Thanks to this, he managed to increase the value of the cryptocurrency by 20%.

The cryptocurrency further increased its price during the election campaign. Elon Musk supported Donald Trump at many events and promised to create a “super ministry” for him, as happened. At a rally in Pennsylvania, Musk was asked if he would serve in the Department of Government Effectiveness. “Yes, DOGE“It’s the simple answer that caused further growth in the currency.

This is how a meme became a successful cryptocurrency and now occupies one of the key ministries in Trump’s next term. Musk and Ramaswamy’s work at the helm is one of the great challenges for the new president of the United States.who promised to end all bureaucracy in the country. It won’t be easy, but the deadlines are clear: By the 250th anniversary of the United States, DOGE must have served its purpose.