The internet has been awash with news of Trump’s appointment of Elon Musk the most famous man on the internet today, as the head of the Department of Government Efficiency. This follows a promise Donald Trump made during his recent presidential campaigns where he promised the electorate to cut down on federal government expenditure.
Given his background as a businessman, Trump’s aggressive approach to cutting down on government expenditure has been received with a lot of applause. To make the music even better, he appointed Elon Musk a man whose business acumen has seen him break the business ceiling on how to do business in the current times. Musk is the brains behind Space X and X, formally known as Twitter the social media platform he acquired just a year ago. Musk is a well-known no-nonsense man and his being the top man at DOGE leaves many waiting with bated breath at what next is coming up.
The history of DOGE
During one of his campaigns in August 2024, trump promised to appoint Musk as the head of DOGE upon assuming power. A promise he brought to fruition on 12 November just days after his election as the president of the united states.
With DOGE comes the DOGECoin, a cryptocurrency associated with Elon Musk’s creation of an AI-generated internet meme inspired by Doge.
Ever since the announcement, the performance of the dogecoin has gone up making it one of the most sought-after coins. We wait to see how the coin performs in the next few days.