Dogecoin is one best performing crypto now potentially fueled by Elon Musk’s public statements. Could it help DOGE to hit $1 in coming days? Elon Musk’s playful mention of “D.O.G.E” as a possible acronym for a “Department of Government Efficiency” has reignited interest in Dogecoin. His comment came in response to a Los Angeles Times article discussing Donald Trump’s idea for a government efficiency commission, which Musk has shown interest in leading if Trump wins re-election. While the comment was about the proposed department, many investors and social media users saw it as a nod to Dogecoin, given Musk’s history of promoting the coin.