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Trump sells DOGE shirts after Musk appointment, Dogecoin rally

After avoiding a $DOGE pump and dump lawsuit, shirts of Musk’s newly minted Department of Government Efficiency are for sale on Trump’s site.

CHART: Dogecoin market cap now greater than 60% of S&P 500

In 24 hours, Dogecoin’s ($DOGE) market cap has jumped from $43 billion to $57 billion, ranking it 186th out of 503 stocks in the S&P 500.

Despite Elon Musk’s vocal support, Dogecoin’s development efforts have been slow and the foundation now is at risk of dissolution.

Arbitration or court? The Supreme Court must decide the next step in a case centered on Coinbase’s Dogecoin sweepstakes from 2021.

New complaints filed on Wednesday by Dogecoin investors claim Elon Musk sold $124M in DOGE after changing Twitter’s logo to its mascot.