Dogecoin Meme Makes a Splash in the U.S. Senate
Billy Markus, co-creator of Dogecoin, shared a video clip on social media from a recent speech by Republican Senator Joni Ernst (IA). In her address to the Senate, Ernst used a depiction of the iconic Doge meme engulfing a cityscape.
"Doge is Inevitable"
Senator Ernst highlighted the importance of the proposed Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, emphasizing the need to prevent waste. She urged colleagues to join the initiative, declaring, "Doge is inevitable."
The visual aid featured a variation of a popular internet meme, with Doge represented as a sandstorm overtaking Washington, D.C., symbolizing the pervasive reach of the proposed entity.
Markus's Reaction
Markus, known online as Shibetoshi Nakamoto, commented on the meme's appearance in the Senate, saying, "Pretty funny to see this doge meme IN THE SENATE."
Community Response
Markus's followers expressed enthusiasm and excitement, recognizing the significance of Dogecoin's presence in the political arena. They left comments like, "Doge is the future," "You've really made it now," and "Politicians are catching on." One individual even suggested, "Billy for Senate."
Dogecoin Price Fluctuations
Dogecoin's price has experienced volatility in recent days, with a 16% surge on January 3 followed by a 17.06% drop over the past two days. It has fallen from $0.40 to $0.32 at the time of writing. Markus had previously noted the surge on January 3 and commented on the Bitcoin price crash on January 7, which affected the cryptocurrency market including Dogecoin.