Dogecoin surges 13% after official website launch in the U.S.

On January 21, the website of a new U.S. government department, the "Department of Government Efficiency" (D.O.G.E), was launched. The Dogecoin logo on the homepage and the slogan "The people voted for major reform" immediately caught attention and sparked heated discussions on social media. Many perceived this as a step toward the recognition of the meme coin.

DOGE initially dropped by 10%, but the news of the website launch triggered a 13% surge within 15 minutes, reaching $0.363. At the same time, the token dogegov.com, associated with the department’s name, soared by 35% within a day.

The viral news on social media quickly attracted investor interest. Crypto enthusiasts actively discussed the event, further fueling excitement around Dogecoin.

Analysts note the formation of a "bull flag" pattern, indicating potential asset growth. Breaking the $0.37 level could lead to a price increase up to $1.61, representing a 340% surge. The RSI index at 62 confirms positive market sentiment.