The Office of Government Efficiency (Doge) has been dissolved, according to an announcement from the Office of Personnel Management (OPM), although its mandate was expected to last until July 2026.
Despite this news, the meme coin associated with Elon Musk and Vivek Ramaswamy's initiative still saw double-digit price increases.
Trump's Doge Project Is Over
Doge launched by executive order on the first day of Trump's re-election. Its mission is to reduce bureaucracy and cut $6.5 trillion in federal spending .
The launch attracted immediate attention, sending Dogecoin price up more than 10% on announcement and raising expectations of greater use of the cryptocurrency in government.
OPM Director Scott Kupor confirmed the dissolution, noting that Doge no longer exists as a centralized entity. The department's Vai has shifted to OPM, while Trump now refers to Doge as a thing of the past in public events.
The closure comes eight months before the end of his term. Musk left Washington in May. By June, conflicts were brewing as staff packed up personal belongings and looked for new housing, while tensions reportedly rose between Trump and Musk .
Despite drastic cost cutting, the division quietly closed.
Vivek Ramaswamy withdrew from the Ohio Senate race to focus on Doge, but the department has faced criticism for its lack of transparency and public accountability throughout its short existence.
It is believed that Doge agents have been acting aggressively across agencies, implementing major staff cuts and tightening budgets with little involvement from stakeholders.
Doge leadership claims to have saved billions of dollars, but there is no concrete, verifiable evidence that these actions have actually reduced costs. The lack of transparency in accounting has led many to question whether Doge has actually improved spending efficiency.
Up until its closure, Doge 's official account had been posting regular updates on contract reductions, highlighting cost-saving milestones across multiple agencies.
Some former Doge employees are concerned about potential legal repercussions related to their involvement in the department's heavy-handed measures.
These concerns expose Dai questions about whether Doge 's practices have been illegal or unethical during its short tenure.
The move marks a shift from Doge ’s aggressive cost-cutting to broader government modernization. Critics note that only Congress can formally dissolve agencies, and Doge ’s scope has always been limited by what executive action can accomplish.
Department of Government Efficiency (Doge) price performance. Source: BeInCryptoMeanwhile, the Department of Government Efficiency cryptocurrency Token continues to trade. Data on BeInCrypto shows the Token price at $0.00483, up 13.62% in the last 24 hours.
Doge 's dissolution raises questions about the sustainability of rapid government restructurings and the role of executive action in structural reform.
As federal operations to take on former Doge employees and authorities continue, the true impact of Doge 's short-lived experiment remains unclear and needs further evaluation.
