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International Business Times
International Business Times
Business
Marvie Basilan

Dogecoin Pumps After Elon Musk Floats 'D.O.G.E' Commission – Genius Idea Or 'Odd' Proposal?

Elon Musk United States Donald Trump Dogecoin Alex Ramirez CoinGecko Department of Government Efficiency
Elon Musk has been urging U.S. voters to pick Trump in November. (Credit: AFP)

KEY POINTS

  • DOGE climbed over the weekend and seemed to drag other memecoins in the Sunday rally
  • Many X users believe Musk will do the role justice due to his 'track record of innovation'
  • Others were unsure whether it was a good idea to give the tech titan such authority

Dogecoin (DOGE), the world's top crypto memecoin by market cap, has been on a roll over the weekend after X owner Elon Musk floated what could be the possible name of the commission he will lead if Republican presidential candidate Donald Trump gets elected.

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