Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme imagery.

Ari Melber is taking Elon Musk to task for what the lawyer and journalist calls a gigantic conflict of interest. Melber argued Tuesday on MSNBC’s “The Beat” that Musk is using his access to President Donald Trump “to line his own pockets,

Bitwise Asset Management has reportedly filed for a Dogecoin (DOGE) exchange-traded fund (ETF). The company is said to have registered “BITWISE DOGECOIN ETF” as a legal entity with Delaware’s Department of State’s Division of Corporations,

Dogecoin posted gains Tuesday thanks to its token logo being included on the website for the waste-cutting initiative Donald Trump calls the Department of Government Efficiency (DOGE), but it's losing ground today amid catalysts that are causing investors to become more cautious about some meme coins.

Dogecoin ( DOGE 5.88%) is climbing higher Tuesday despite a backdrop of pullbacks for the broader crypto market. The popular meme coin's token price was up 3% over the past 24 hours as of 11:40 a.m. ET. Bitcoin 's price was down 0.9%, and the price of Ethereum was down 1.6%.

In the ever-ambitious Elon Musk, the man behind Tesla, SpaceX, and Neuralink, this penchant for disruption has been on the cards for a long time.

While Musk’s involvement strengthens Dogecoin’s outlook, ongoing legal challenges and market volatility could influence its future trajectory.

Dogecoin has gained retail traction after the official website of the US Department of Government Efficiency launched.

Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain’s bnb gained under 1% in the past 24 hours, while Solana’s SOL and XRP surged as much as 7%.

MSNBC's Ari Melber criticized Elon Musk for using taxpayer money to promote the "Department of Government Efficiency" – and a cryptocurrency.

Former presidential aspirant and American entrepreneur has confirmed the decision to abandon his Department of Government Efficiency (D.O.G.E) co-lead role.