Elon Musk and Dogecoin: How the Billionaire Became the 'Dogefather'

Quick Summary:

Dogecoin was once a joke, but the meme coin gained traction after Elon Musk backed it.

Now he's leading DOGE under Trump.Here's a look back.

That’s mostly because Trump said that Musk would lead a government efficiency commission ahead of being voted back into the seat of power; Musk claimed that it would be called the Department of Governmental Efficiency—an acronym that matches Dogecoin’s ticker.

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Article Details

Author / Journalist: Mathew Di Salvo

Category: Crypto

Markets: Estonia

Topics: Dogecoin Long Reads

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-15 @ 15:19:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 1050 words

Reading Time: 6 minutes read

Sentences: 49 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 26172663

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 2 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 8 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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