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 earlier today.

Dogecoin, the meme cryptocurrency often associated with Elon Musk, soared in value after President-elect Donald Trump greenlit the tech billionaire's ideas for a new executive department by a similar name.

Wow, much bull market. Dogecoin, the cryptocurrency whose mascot is a super-cute dog that muses things like “much wow,” has been surging in value since Donald Trump won the presidential election last week.

Billionaire Elon Musk, who is an adviser to U.S. President-elect Donald Trump, met with Iran’s ambassador to the United Nations on Monday, the New York Times reported on Thursday.

Elon Musk, the world’s wealthiest person and advisor to President-elect Donald Trump, met with Iran’s ambassador to the United Nations on Monday, where they discussed how to defuse tensions between the United States and Iran,

The tech billionaire, a top adviser to the president-elect, was reported to have discussed ways to defuse tensions between Iran and the United States.