Donald Trump's New Department Sparks Mixed Reactions in Cryptocurrency Market

唐納德·川普的新部門在加密貨幣市場引發不同反應

Former President Donald Trump's recent inauguration announcement of the New Department of Government Efficiency (D.O.G.E.) has stirred varied reactions within the cryptocurrency community, particularly concerning the impact on Dogecoin (DOGE) and its parody counterparts.

前總統唐納德·川普最近宣布成立新的政府效率部 (D.O.G.E.)，在加密貨幣社區內激起了不同的反應，特別是對狗狗幣 (DOGE) 及其模仿版本的影響。

Inaugural Announcement and Department's Purpose

就職公告和部門的宗旨

During his inaugural speech, Trump unveiled plans for the new department, emphasizing its mission to enhance federal government efficiency and effectiveness. An executive order was issued to establish the department formally.

川普在就職演說中宣布了新部門的計劃，強調其使命是提高聯邦政府的效率和效力。發布行政命令正式成立該部門。

Market Response and Dogecoin's Performance

市場反應和狗狗幣的表現

Upon the announcement, DOGE experienced an initial 5% decline, but partially recovered its losses. The CoinDesk 20 index dropped nearly 5%, with Bitcoin (BTC) also witnessing a 3% decline.

消息公佈後，DOGE 最初下跌 5%，但隨後部分收復失地。 CoinDesk 20 指數下跌近 5%，比特幣 (BTC) 也下跌 3%。

Elon Musk's Role and Department's Compliance

伊隆馬斯克的角色和部門的合規性

The department will be led by prominent technocrat Elon Musk. Initially, the department's website lacked any reference to Dogecoin. However, it later displayed the DOGE logo, acknowledging Musk's previous suggestion of utilizing the token for government efficiency.

該部門將由著名技術專家馬斯克領導。最初，該部門的網站並沒有提及狗狗幣。然而，它後來顯示了 DOGE 標誌，承認馬斯克之前利用該代幣提高政府效率的建議。

Concerns about the department's legal compliance have emerged. The National Security Counselors suggest that its formation may violate the Federal Advisory Committee Act of 1972, citing its ambiguous legal framework. Additionally, Public Citizen seeks clarity on the department's operational details.

人們對該部門的法律合規性表示擔憂。國家安全顧問認為，該委員會的成立可能違反 1972 年《聯邦諮詢委員會法》，理由是其法律框架含糊不清。此外，《公眾公民》也希望澄清該部門的運作細節。

Department's Impact and Parody Tokens

部門的影響力和模仿代幣

The department's legal authority to enforce its initiatives remains uncertain. DOGE's future performance may hinge on the actions of this new entity, and parody tokens have gained traction in a declining market, highlighting the prevailing skepticism among investors.

該部門執行其舉措的法律權力仍然不確定。 DOGE 的未來表現可能取決於這個新實體的行動，而模仿代幣在不斷下滑的市場中獲得了關注，凸顯了投資者普遍存在的懷疑態度。

Conclusion

結論

Despite the initial announcement, the anticipated positive impact on Dogecoin's market has not materialized. As the market continues to fluctuate, attention has shifted towards parody DOGE tokens. The future trajectory of DOGE and the cryptocurrency market will depend on the department's upcoming strategies under Musk's leadership.

儘管最初宣布了這一消息，但對狗狗幣市場的預期積極影響尚未實現。隨著市場持續波動，人們的注意力轉向模仿 DOGE 代幣。 DOGE 和加密貨幣市場的未來軌跡將取決於該部門在馬斯克領導下即將制定的策略。