Tech billionaire Elon Musk has announced that the Department of Government Efficiency (D.O.G.E.), a new venture he runs with entrepreneur Vivek Ramaswamy, will be shut down in the summer of 2026. The crypto community has expressed concern, believing that two years is not enough time to solve all the organization's tasks. Musk retweeted a post from Ramaswamy, who stated that most government projects should have an expiry date. The shutdown date for D.O.G.E. is set for July 4, 2026, triggering mixed reactions from crypto enthusiasts. Some believe more time is needed to address government spending and national debt issues, while others joked about Dogecoin becoming the "global reserve currency" by that time. The creation of D.O.G.E. was prompted by concerns over the growing US debt.



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