A lot of that value was created on the back of Elon Musk's support, which has been ongoing since 2019. In fact, Dogecoin's most recent rally was sparked by Musk's involvement in the Trump administration, where he temporarily ran an external government agency with a name that references the meme token.

President Donald Trump and Elon Musk's very public falling out has battered the meme coins tied to the public figures.

Dogecoin tanked 10% today, with its weeklong losses now sitting at 22%, after Elon Musk officially walked away from Donald Trump’s administration and cut ties

Elon Musk and Donald Trump's nasty feud has had some unintended consequences for the meme coin that inspired the Department of Government Efficiency (DOGE). As CNBC reports, Dogecoin fell 10 percent on Thursday,

The price of Dogecoin ( DOGE -0.79%) is sinking on Friday. The meme coin saw its value decline 5.3% in the last 24 hours as of 11:58 p.m. ET, but was down as much as 15.3% in that time frame. The slump comes as the S&P 500 gained 0.9% and the Nasdaq Composite gained 1.1%.

ALL4 Miningt stands out among cloud mining companies, attracting both beginners and experienced miners with its state-of-the-art technology and user-friendly platform. In response to the latest initiatives,

Dogecoin’s ( DOGE) price flipped bearish on June 5 after a public feud broke out between US President Donald Trump and his most celebrated backer, Elon Musk. DOGE price is down 7% over the last 24 hours to $0.17, with a classic bearish pattern projecting further losses to $0.06.

Wall Street’s addiction to hype just hit a wall. The fallout from the public split between Trump and Elon Musk torched everything tied to their names — from

Dogecoin DOGE $0.18487 experienced a dramatic 12.5% decline over the past 24 hours, plunging from 19 cents to 16 cents as tensions between President Donald Trump and technology entrepreneur Elon Musk weighed down on crypto markets. Dogecoin’s latest plunge comes against a backdrop of risk-off sentiment.

Donald Trump and Elon Musk's bromance imploded on Thursday for everyone to see. It was gold for late-night hosts like Stephen Colbert.