{"id":4386,"date":"2025-04-22T15:18:46","date_gmt":"2025-04-22T14:18:46","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4386"},"modified":"2025-04-22T15:18:48","modified_gmt":"2025-04-22T14:18:48","slug":"price-impact-elon-musks-departure-dogecoin-doge","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/","title":{"rendered":"The Potential Price Impact of Elon Musk&#8217;s Departure on Dogecoin (DOGE)"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"elon-musks-imminent-departure-from-d-o-g-e-causes-concern-among-dogecoin-investors\"><strong>Elon Musk&#8217;s Imminent Departure from D.O.G.E. Causes Concern Among Dogecoin Investors<\/strong><\/h2>\n\n\n\n<p>Crypto market observers are cautious about the future of <strong><a href=\"https:\/\/investx.fr\/en\/crypto-investing\/buy\/dogecoin\">Dogecoin<\/a><\/strong> as billionaire <strong><a href=\"https:\/\/investx.fr\/en\/crypto-news\/elon-musk-strikes-why-dogecoin-dropping\/\">Elon Musk<\/a><\/strong> prepares to step down from his role at the<strong> D.O.G.E<\/strong>. (Department of Government Efficiency). While this news may lead to <strong>short-term volatility<\/strong>, the long-term prospects remain steady for the <strong>memecoin<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udea8 BREAKING: Elon Musk says he\u2019s stepping down from DOGE in May\u2014after claiming he \u201csaved\u201d $1 trillion like it\u2019s pocket change.<br><br>But here\u2019s what really happened:<br>Mass layoffs. Asset fire sales. Gutting entire departments. And now he\u2019s moonwalking out like the job\u2019s done.<br><br>This\u2026<\/p>&mdash; Brian Allen (@allenanalysis) <a href=\"https:\/\/twitter.com\/allenanalysis\/status\/1906066478887240046?ref_src=twsrc%5Etfw\">March 29, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to a recent report by The Washington Post, Elon Musk, the CEO of Tesla and SpaceX, is aiming to <strong>leave his position<\/strong> as the head of D.O.G.E. <strong>by the end of the year<\/strong>. This announcement has shaken DOGE investors, who were previously very optimistic about the asset&#8217;s price, mainly due to Musk&#8217;s prominent role within this federal agency.<\/p>\n\n\n\n<p>The American billionaire volunteered to lead D.O.G.E. alongside V. Ramaswamy under Donald Trump&#8217;s presidency this year. However, he has since faced<strong> considerable criticism<\/strong>, even contemplating his departure after a humiliating political reversal.<\/p>\n\n\n\n<p>Despite aiding the U.S. government in saving several <strong>billions of dollars<\/strong> to date, many federal agencies have viewed skeptically the new advisory panel under Trump. CoinGape recently reported that Senator<strong> Elizabeth Warren <\/strong>introduced a new bill primarily to <strong>curtail Musk&#8217;s role<\/strong> within the SGE. Collectively, these indications suggest that it is only a matter of time before the American billionaire exits his federal role.<\/p>\n\n\n\n<p>The direct impact of this news remains somewhat <strong>bearish<\/strong> for memecoin observers. As Tesla&#8217;s CEO prepares to step back from his governmental role, the<strong> hype<\/strong> around a federal agency named after a memecoin is also expected to <strong>dwindle<\/strong>, given Musk&#8217;s massive influence on the coin.<\/p>\n\n\n\n<p>Therefore, traders and investors might <strong>panic and sell<\/strong>, leading to <strong>short-term volatility<\/strong> in price. However, the likelihood of a negative long-term impact remains <strong>negligible<\/strong>, according to global reports.&nbsp;<\/p>\n\n\n\n<p>The price of DOGE token is currently trading at <strong>$0.1638<\/strong>, slightly up by over <strong>1%<\/strong> in a day and<strong> 2.5%<\/strong> in a week, due to broader recovery trends.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/t.me\/+TNBX8ef96gdjMGFk\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Learn more on our new Telegram channel !<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"crypto-analyst-remains-bullish-despite-musks-departure-news\"><strong>Crypto Analyst Remains Bullish Despite Musk&#8217;s Departure News<\/strong><\/h2>\n\n\n\n<p>However, a <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/\">crypto<\/a> analyst has recently predicted a <strong>bullish outlook<\/strong> for Dogecoin despite concerns raised by this news. Analyst ZAYK Charts predicted that the memecoin price was gearing up for a massive <strong>bullish wave<\/strong> in the near future.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> Fallling Wedge Breakout in 1D Timeframe\u2705<br><br>Massive Bullish Wave Soon\ud83d\udcc8<a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> <a href=\"https:\/\/t.co\/3CVx6htPim\">pic.twitter.com\/3CVx6htPim<\/a><\/p>&mdash; ZAYK Charts (@ZAYKCharts) <a href=\"https:\/\/twitter.com\/ZAYKCharts\/status\/1914558605170270360?ref_src=twsrc%5Etfw\">April 22, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to the analyst, <a href=\"https:\/\/investx.fr\/en\/crypto-news\/dogecoin-doge-set-soar-28-heres-whats-fueling-surge\/\">Dogecoin<\/a>&#8216;s price is forming a <em>&#8220;bullish channel breakout pattern&#8221;<\/em> on the one-day chart. This pattern is primarily a bullish formation signaling a<span> trend reversal from bearish to bullish. Market observers are speculating on the future price movement of the memecoin amidst uncertain news and bullish predictions.<\/span><\/p>\n\n\n\n<p>While the news of Elon Musk&#8217;s imminent departure from D.O.G.E. raises concerns about the future of Dogecoin, the long-term prospects remain relatively stable. Some crypto analysts even foresee <strong>upward potential<\/strong> ahead.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_DOGE_USDT.P-OKEX_charlesledoux_22-04-2025-1024x576-1.png\" alt=\"DOGE Dogecoin price in 1W\" class=\"wp-image-4389\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_DOGE_USDT.P-OKEX_charlesledoux_22-04-2025-1024x576-1.png 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_DOGE_USDT.P-OKEX_charlesledoux_22-04-2025-1024x576-1-300x169.png 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_DOGE_USDT.P-OKEX_charlesledoux_22-04-2025-1024x576-1-768x432.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>The weekly chart shows a CMF at its lowest since December 2022. This demonstrates a capital outflow and\/or disinterest in the memecoin. A <strong>rebound<\/strong> in the coming weeks will be crucial for the following months. Some view it as a huge <strong>opportunity<\/strong> to invest when others turn away from the industry&#8217;s largest memecoin.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy Dogecoin on Bitget and get a bonus !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/pi-network-pi-set-to-soar-why-300-rally-could-be-imminent\/\">Pi Network (PI) Set to Soar ? Why a 300% Rally Could Be Imminent<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/gold-soaring-should-you-sell-your-bitcoins-to-buy\/\">Gold Soaring : Should You Sell Your Bitcoins to Buy It ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/mantra-ceo-initiates-burning-150-million-om-tokens-following-scandal\/\">Mantra CEO Announces Burn of 150 Million OM Tokens After Scandal<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>As Elon Musk prepares to step down from his role at D.O.G.E., Dogecoin is encountering uncertainty. Can the meme-coin bounce back even after losing its most fervent supporter?<\/p>\n","protected":false},"author":32,"featured_media":4384,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-4386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Will Dogecoin Price be Affected if Elon Musk Leaves ?<\/title>\n<meta name=\"description\" content=\"Concerns rise over the future of Dogecoin as Elon Musk&#039;s departure from D.O.G.E leadership looms large. 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Stay informed and stay ahead.","og_site_name":"InvestX \u2013 Crypto News, Trading Guide, Price Analysis &amp; Forecasts","article_published_time":"2025-04-22T14:18:46+00:00","article_modified_time":"2025-04-22T14:18:48+00:00","og_image":[{"width":840,"height":560,"url":"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/cover-dogecoin-elon-muskfile.jpeg","type":"image\/jpeg"}],"author":"Charles Ledoux","twitter_card":"summary_large_image","twitter_creator":"@charl3li","twitter_misc":{"Written by":"Charles Ledoux","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/#article","isPartOf":{"@id":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/"},"author":{"name":"Charles Ledoux","@id":"https:\/\/investx.fr\/en\/#\/schema\/person\/a99817b9d097ee5a69e24946de94c23a"},"headline":"The Potential Price Impact of Elon Musk&#8217;s Departure on Dogecoin (DOGE)","datePublished":"2025-04-22T14:18:46+00:00","dateModified":"2025-04-22T14:18:48+00:00","mainEntityOfPage":{"@id":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/"},"wordCount":589,"publisher":{"@id":"https:\/\/investx.fr\/en\/#organization"},"image":{"@id":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/#primaryimage"},"thumbnailUrl":"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/cover-dogecoin-elon-muskfile.jpeg","articleSection":["Altcoins","News"],"inLanguage":"en-US","copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/investx.fr\/#organization"}},{"@type":"WebPage","@id":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/","url":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/","name":"How Will Dogecoin Price be Affected if Elon Musk Leaves ?","isPartOf":{"@id":"https:\/\/investx.fr\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/#primaryimage"},"image":{"@id":"https:\/\/investx.fr\/en\/crypto-news\/price-impact-elon-musks-departure-dogecoin-doge\/#primaryimage"},"thumbnailUrl":"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/cover-dogecoin-elon-muskfile.jpeg","datePublished":"2025-04-22T14:18:46+00:00","dateModified":"2025-04-22T14:18:48+00:00","description":"Concerns rise over the future of Dogecoin as Elon Musk's departure from D.O.G.E leadership looms large. 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Je suis \u00e9galement form\u00e9 au trading et \u00e0 l\u2019analyse technique depuis plus d\u2019un an sur le march\u00e9 des cryptomonnaies, mais \u00e9galement sur le forex et les m\u00e9taux pr\u00e9cieux comme l\u2019or ou le silver. J\u2019ai obtenu un dipl\u00f4me de la Crypto Academy sur les fondamentaux techniques du Bitcoin et poss\u00e8de une exp\u00e9rience de plus de 5 ans dans le journalisme et l\u2019\u00e9criture d\u2019articles p\u00e9dagogiques. J\u2019ai notamment \u00e9crit de nombreuses masterclass pour \u00e9duquer les nouveaux venus dans l'industrie et plus de 10 000 articles et news.J\u2019ai \u00e9galement pu interviewer de nombreux fondateurs et cr\u00e9ateurs de projets dans la crypto comme Marc Lebreton (chef marketing de la blockchain SUI), EJ Ayala (Coinbase US et Draftkings), et d\u2019autres projets comme Polyhedra (Eric Vreeland), Usual (Adli Takkal Bataille), ou encore Humanity Protocol (Jade Gu). J\u2019ai plong\u00e9 dans la cryptomonnaie il y a plus de 3 ans et continue de mettre tout en \u0153uvre pour fournir du contenu de qualit\u00e9, avec de l\u2019expertise et la neutralit\u00e9 attendue d\u2019un journaliste. Retrouvez moi aussi sur X pour des analyses et sur Linkedin pour me contacter.","sameAs":["https:\/\/www.linkedin.com\/in\/charles-ledoux-508392239\/","https:\/\/x.com\/charl3li"],"url":"https:\/\/investx.fr\/en\/author\/charles-ledoux\/"}]}},"_links":{"self":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/4386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/comments?post=4386"}],"version-history":[{"count":3,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/4386\/revisions"}],"predecessor-version":[{"id":4392,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/4386\/revisions\/4392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/media\/4384"}],"wp:attachment":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/media?parent=4386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/categories?post=4386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/tags?post=4386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}