Elon Musk and Dogecoin

Elon Musk has been instrumental in Dogecoin (DOGE) price surges over the years. However, his recent moves may be having the opposite effect.

After President Donald Trump appointed Musk to head the Department of Government Efficiency (DOGE), it diverted attention away from the meme coin itself. With investors fleeing, did Elon Musk kill Dogecoin’s popularity, and can DOGE price recover?