- Elon Musk confirmed that the United States government has no plans to adopt Dukwin.
- Dogecoin is trading at $ 0.1631, a decrease of 3.84 %, with a maximum market of 24.25 billion dollars.
Elon Musk is deprived of US government plans to use Dogecoin (Doge), Dog faces the main price levels of Elon Musk Explained The United States government does not have plans to use Dogecoin. It addresses the speculation that links the Meme Cryptocurrency at the Ministry of Governmental efficiency initiative (DOGE). Speaking at America Pac Town Hall in Wisconsin, Musk edited, “There are no government plans to use Dogecoin or anything, as far as I know.”
Musk revealed that the administration was initially called the “Governmental Enable Committee”. However, others after public inputs. “I would have called it the government efficiency committee, but this is a very boring name,” he said. The initiative aims to improve operational efficiency by 15 %, focusing on reducing waste and fraud in federal spending.
The Musk Command in the initiative led to the demobilization of federal employees and the elimination of excess government expenses. One of the main goals of Dog was to reduce federal credit cards, with 4.6 million, despite 2.3 to 2.4 million government employees only.
Dogecoin (Doge) in today’s market
Dogecoin price and market analysis currently Trading at $ 0.1631, a decrease of 3.84 % in the past 24 hours. The maximum market is 24.25 billion dollars, which reflects a decrease in 3.85 %. However, the trading volume increased by 26.34 %, reaching $ 1.1 billion in the past 24 hours. The total supply of Dog is 148.65 billion, with a fully diluted assessment (FDV) of $ 24.24 billion.
The maximum market rate is 4.56 %, indicating a strong trading activity. Technical analysis: Resistance, support, and future price trends face a major resistance at $ 0.1720. If Dog is broken above this level, about $ 0.1850 may collect. On the negative side, the instant support level is $ 0.1580.
Less decrease in this support can pay about $ 0.1450. The RSI is currently at 51.3, indicating the neutral momentum. The average relative strength index suggests that Dog is not peak or excessive sale. The flow of Chaikin (CMF) shows a slight accumulation, indicating the return of buyers.
MAA medium transitions (MA) indicates mixed signals. MA operates for 50 days as dynamic support, while MA for 200 days is still a resistance level. The golden intersection can indicate the bullish momentum, while the death crossover may lead to a further decrease.
The encryption news was highlighted today
California collects bitcoin rights bill to secure the self -security person for digital assets
