Musk said that the name of the department arose from proposals on the Internet, prompting to change the name with the Government Efficency Commission on Doge
“I was going to call the department a commission on the effectiveness of the government, but this is supercounting. The Internet suggested DOGE although the names are similar, they both serve as different purposes. We are trying to make the country’s government 15% more efficiently in DOGE, ”said Musk.
Mask comments practically did not cause reaction among investors to memcin. Over the past day, Dogecoin has become 4%, they say CoinmarketCap data. Fluctuations are comparable to the total trend in the market – leading altcoins also lost 3-5%in price.
Nevertheless, in January, after the launch of the official DOGE website, the Dogecoin logo hung for several hours on the main page. Then this led to an increase in the course of a meme of the coin by 14%.
Earlier, Senator Elizabeth Warren, in Congress, criticized the bills of Genius and Stable Steabelcoins open the path to control of the American monetary system.
Source: Bits
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