The Department of Government Efficiency (DOGE) has been disbanded, even though its mandate is scheduled to continue until July 2026, according to the Office of Personnel Management (OPM).
Despite this news, meme coins associated with efforts led by Elon Musk and Vivek Ramaswamy are increasing by double digits.
sponsored
President Trump’s DOGE project is over
DOGE was launched by executive order on the first day of President Trump’s re-election. Its mission was to dramatically streamline the bureaucracy and reduce federal spending by $6.5 trillion.
The announcement quickly garnered attention, with Dogecoin’s price increasing by more than 10% following the announcement, leading to expectations that the cryptocurrency’s use in government will increase.
OPM Director Scott Kupor confirmed the dissolution, noting that DOGE does not exist as a centralized organization. Although the department’s role has shifted to OPM, President Trump now refers to DOGE in the past tense in public.
The closure came eight months earlier than the expected end. Musk left Washington in May. In June, there was chaos as staff packed their belongings and searched for new homes, while tensions reportedly rose between Trump and Musk.
sponsored
Despite aggressive cost-cutting efforts, the department quietly closed its doors.
Vivek Ramaswamy withdrew from the Ohio Senate race to focus on DOGE, a department that faced criticism for a lack of transparency and public accountability throughout its short existence.
DOGE officials reportedly aggressively maneuvered government agencies to make significant staff and budget cuts with minimal stakeholder input.
Although DOGE leadership claimed billions of dollars in savings, there is no concrete, verifiable evidence of true cost savings from these actions. This lack of transparent accounting has left many wondering whether DOGE has made any improvements in spending efficiency.
sponsored
Just before the closure, DOGE’s official account regularly posted updates on contract reductions and highlighted cost-cutting milestones at multiple agencies.
Some former DOGE employees are concerned about possible legal ramifications related to the department’s involvement in affirmative action.
These concerns reveal deep-seated questions about whether DOGE’s activities crossed any legal or ethical lines during its short tenure.
sponsored
This transition marks a shift from significant cost reductions in DOGE to broader government modernization. Critics point out that only Congress can formally dissolve government agencies, and DOGE’s scope has always been limited to what results from executive action.
Meanwhile, the Ministry of Government Efficiency’s virtual currency token continues to trade. According to BeInCrypto data, the token price was $0.00483, up 13.62% in 24 hours.
The dissolution of DOGE raises questions about how sustainable the government’s rapid restructuring will be and what role executive action will play in structural reform.
As federal administration absorbs former DOGE staff and administrations transition, the actual impact of DOGE’s short-term experiment remains uncertain and subject to further evaluation.
