Dogecoin has seen a remarkable price surge of over 330%, influenced by speculative bets related to Donald Trump's election victory and the establishment of the Department of Government Efficiency (DOGE) led by Elon Musk.

The crypto market is eagerly awaiting December 5th, a potential game-changing date for Dogecoin, when Elon Musk and Vivek Ramaswamy address Congress with proposals aiming to streamline government efficiency.

The Department of Government Efficiency has significantly impacted Dogecoin's price movements, with speculative activity driven by Musk and Trump leading to notable fluctuations.

Historical data highlights the department's influence, with Musk's leadership announcement resulting in a substantial price increase for Dogecoin.

Musk and Ramaswamy's ambitious agenda includes federal workforce reductions and regulatory reform, potentially affecting Dogecoin's valuation.

As investors monitor the December 5th meeting, increased speculative trading activity around Dogecoin is expected.