According to on-chain analyst Ali Martinez, Dogecoin miners have offloaded 65 million tokens in the last 48 hours.

As Musk's government cost-cutting push dominates headlines, Doge lovers have mixed emotions about its close affiliation with the meme world’s top dog.

Voters are open, narrowly, to an effort to tackle inefficiencies in government. But they are concerned about billionaire Elon Musk and how his Department of Government Efficiency is executing those cuts,