Dogcoine increases by more than 5% after Elon Musk threatened to hate Dogi hate with federal action.


Elon Musk’s Post on Law Enforcement is taking action against Redit users who target Dogi’s employees, they increased their favorite coins by 5%.

On 4 February, the government’s efficiency department’s head Elon Musk replied Post From a popular reddit account, reddit lies, highlights many anonymous reddit users to threaten the employees of Kasturi with violence. A lot of posts call for the execution of the said employees and indicate to target them to find out where they live.

Musk shared the post with his followers caption [Reddit users] The law has been broken by threatening the employees associated with the new department.

Not after a long time, Musk shared a follow -up post, with the American Attorney District of Columbia, Edward R. A statement by Martin Junior included, in the post, Martin Jr. said that his team had initially reviewed the evidence showing individuals. And the groups clearly target dog employees.

“We are in touch with the FBI and other law enforcement partners to move forward fast. We also have preparations for our prosecutors, “Martin Jr. said in a public statement, Musk said,” Don’t mess with Dogi. ,

Dogi online buzz around Dogi has clearly promoted his token-names, Dogicine (Dogge). According to data from crypto.news, DOGE has increased by more than 5% in the last 24 hours. Shiba Inu coin is currently trading at $ 0.27.

However, trading activity for Dogi has gone down. In the last 24 hours, the trading volume of dogcoin has exceeded 43%, which has exceeded $ 6 billion. The market cap of Dogecoin is $ 40 billion and its circulating supply is on 147 billion tokens.

Dogcoine increases by more than 5% after Elon Musk threatened to hate Dogi hate with federal action - 1
Price chart for Dogecoin on February 4, 2025 | Source: Crypto.news

In November 2024, Donald Trump announced a new initiative with the objective of streamlining federal operations, naming the government’s proficiency department. The brief name of “Dogi” is an indication for the tick of Dogcoin, which is also Elon Musk’s favorite cryptocurrency.

Elon Musk was selected to lead Dogi with politician Vivek Ramaswamy. However, Ramaswamy announced that he would withdraw from the role on 21 January.



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