Elon Musk has been tapped to co-lead the Department of Government Efficiency (DOGE) after years of hyping up cryptocurrency Dogecoin.

Elon Musk frequently references "Doge," an internet meme from the 2010s based on a photo of a Shiba Inu dog with Comic Sans text overlaid on top.

Dogecoin was once a joke, but the meme coin gained traction after Elon Musk backed it. Now he's set to co-lead a D.O.G.E. government agency. Here's a look back.

Billionaires Elon Musk and Vivek Ramaswamy are looking to conduct a “massive downsizing” of the federal government.

The memecoin Dogecoin has surged in value following President-elect Donald Trump‘s election win and subsequent move to appoint Elon Musk to the new Department of Governmental Efficiency. The cryptocurrency,

Dogecoin, created in 2013 as a joke, gained popularity due in part to Elon Musk's tweets and memes. Musk's involvement led to a surge in the coin's value, exchanges listing it, and plans for it to be a valid payment method. Now he's set to lead a government agency called D.O.G.E. under Donald Trump. Here's the timeline of events that led to it.

Elon Musk on Wednesday reaffirmed his support for Dogecoin's (CRYPTO: DOGE) inflation model, labeling its flat inflation rate as a "feature, not a bug."

Dogecoin was skyrocketing Wednesday after the news that the cryptocurrency’sbiggest cheerleader, Elon Musk, will head up a “Department of Government Efficiency” — effectively a non-government group that will consult on spending.