Dogecoin is making headlines after President-elect Donald Trump announced the creation of the Department of Government Efficiency on X this past Wednesday. This meme coin was worth 16 cents on Election Day and has since more than doubled to a high of nearly 39 cents on Nov.

The bitcoin price has topped $90,000 per bitcoin, up 20% in a week, as traders eye $100,000 in the wake of Donald Trump's U.S. presidential victory, with Musk's "favorite" cryptocurrency dogecoin leading a price pump that's sent the combined market back over $3 trillion for the first time since 2021.

Dogecoin investors who said Musk and his company Tesla committed fraud and insider trading are withdrawing their appeal from an August 29 dismissal of their case.

A lawsuit accusing Elon Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said the world's richest person and his electric car company Tesla committed fraud and insider trading are withdrawing their appeal from an Aug.

Dogecoin is surging in value since Donald Trump won the presidential election. The cryptocurrency, whose mascot is a super-cute dog that muses things like “much wow,” has more than doubled since Election Day.

Musk and Vivek Ramaswamy were appointed by Trump to lead DOGE, which will function as an advisory committee outside of the government.