tldr; The Department of Government Efficiency, a satirical cryptocurrency inspired by Elon Musk and Donald Trump, surged over 33,000% to $0.02850 before stabilizing around $0.02309. The token gained popularity after Musk discussed creating a government efficiency department with Trump, who promised to appoint Musk if re-elected. The token’s rise coincides with a broader meme coin trend, with its holder count reaching a record high. Trading volume exceeded $10 million, primarily on exchanges like LBank and Xt.com.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; The Department of Government Efficiency, a satirical cryptocurrency inspired by Elon Musk and Donald Trump, surged over 33,000% to $0.02850 before stabilizing around $0.02309. The token gained popularity after Musk discussed creating a government efficiency department with Trump, who promised to appoint Musk if re-elected. The token’s rise coincides with a broader meme coin trend, with its holder count reaching a record high. Trading volume exceeded $10 million, primarily on exchanges like LBank and Xt.com.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.