Elon Musk's Meme Sparks Speculation, Dogecoin Surges 10% Past $0.1

Elon Musk's recent activities have sparked speculation about his potential involvement in a future Trump administration.

Musk posted a meme on X featuring a 'D.O.G.E' placard, coinciding with Trump's proposal to create a government efficiency commission. Following this, Dogecoin saw a significant price surge, rising over 10% and crossing the $0.1 mark. Crypto analysts predict that sustained momentum could push the meme coin to $0.15.

Musk humorously suggested that Dogecoin could be the official mascot of the proposed Department of Government Efficiency.

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