The crypto market has kicked off 2025 with intense competition, driven by a surge of new activity. At the forefront is Elon Musk, whose innovative strategies are propelling Dogecoin (DOGE) further into the spotlight.

Dogecoin currently trades at just $0.35 per token, but with a series of potential tailwinds in the pipeline, could now be a good buying opportunity while it's still below the milestone price of $1?

Taking their cue from Musk and the Trump administration, Missouri lawmakers also have decided to root out fraud, abuse and waste. To that end, the House and Senate government efficiency committees met jointly Monday to brainstorm ways to cut, modernize and streamline Missouri’s government.

Dogecoin has gained retail traction after the official website of the US Department of Government Efficiency launched.

Dogecoin faces multiple market catalysts including a new ETF filing by Bitwise and connections to federal cost-cutting programs, while trading at $0.3316 amid analyst predictions of potential price appreciation.

The Dogecoin price has been getting boosts over the years thanks to social media stunts from Dogecoin ‘godfather’ Elon Musk. While simply being one of the biggest whales on the DOGE platform, he exacts massive influence on the token's price.

Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.

A leak has revealed Elon Musk could be planning to use bitcoin-inspired blockchain technology to power his Doge

The recent turn of events in United States politics has changed the fate of Dogecoin. The direct involvement of Elon Musk, the coin’s owner, also altered the coin’s direction until PEPETO came into the picture. A report from Whale Alert shows that Dogecoin whales bought a little over 78.57 million units of DOGE.

Bitwise Asset Management announced plans for a Dogecoin Exchange-Traded Fund (ETF), aiming to offer secure, regulated exposure to the popular meme cryptocurrency. The ETF would simplify Dogecoin investments by eliminating the need for wallets or exchanges.

A blockchain project launched by a major US federal agency could “supercharge” the blockchain industry, some believe.