Odaily News Due to Trump's rising approval rating, Dogecoin (DOGE) contract holdings surged to $1.3 billion, and the price of DOGE rose 15% in 24 hours. DOGE open interest has increased by 33% since Sunday to 8 billion tokens, close to the all-time high set in April. This round of gains stems from the close interaction between Elon Musk and Trump, who discussed the establishment of a "Department of Government Efficiency" (DOGE) to optimize government spending. Trump promised that if he was re-elected, he would invite Musk to join the Government Efficiency Committee. This idea has triggered market optimism for DOGE. Investors believe that if Trump wins the election, the price of DOGE may rise further. (Coindesk)