Dogecoin Traders Eye $1 Target

Musk has discussed creating a โ€œDepartment of Government Efficiency,โ€ abbreviated as D.O.G.E, to make government spending more efficient. That has fueled expectation among traders that there could be more chatter of โ€œDOGEโ€ in mainstream media and retail trading circles, fueling attention and interest in dogecoin, as a CoinDesk analysis first noted in mid-October.