Overview

• Elon Musk's playful endorsement of a 'Department of Government Efficiency' at a Pennsylvania rally led to a 15% rise in Dogecoin's value.
• Musk's comments came during a campaign event for Donald Trump, where he emphasized the importance of Pennsylvania in the upcoming election.
• Dogecoin's market capitalization increased to $20 billion, marking significant gains over the past week and month.
• Technical indicators suggest a bullish trend for Dogecoin, with a potential 'Golden Cross' pattern indicating a major rally.
• Musk's influence on Dogecoin is longstanding, often causing price spikes with his public endorsements and social media posts.