It's important to keep today's rise in context. Dogecoin started the year trading around $0.40 per token, and is currently trading right around the $0.15 level. Thus, today's surge is meaningful for investors who bought this token recently, but there will still be plenty of investors patiently waiting for a much more impressive rally.

Current and former Department of Government Efficiency (DOGE) staffers are growing increasingly concerned that the work they did slashing government programs and eliminating jobs will come back to haunt them with the possibility of criminal prosecutions.

Dogecoin price shows a fresh reversal and whale support, but one key resistance still decides whether the bounce becomes a real rally.

Dogecoin ( DOGE 0.63%) is a cryptocurrency that currently sports a market cap of $24 billion, making it one of the most valuable digital assets on the market. However, this standing doesn't mask the fact that its price is tanking. Dogecoin is down 52% in 2025 (as of Nov. 18).

Even though there are eight more months left on its mandate, DOGE is no longer a “centralized entity,” according to Kupor. Instead, the Office of Personnel Management, an existing independent agency that has been overseeing the federal workforce for decades, will be taking over most of DOGE’s functions.

DOGE denies shutdown claims, calling reports fake news. The department says it continues saving taxpayer money, modernising government systems, and operating despite leadership uncertainty and critici

“At least two prominent DOGE employees are now involved with the National Design Studio, a new body created through an executive order signed by Trump in August,” Reuters reported in its exclusive story. “That body is headed by Joe Gebbia, co-founder of Airbnb, and Trump’s order directed him to beautify government websites.”

Dogecoin stayed in the spotlight ahead of the Grayscale GDOG ETF launch on NYSE Arca. DOGE gained nearly 5% in the past day