Global Google searches for Dogecoin, Elon Musk’s preferred cryptocurrency, reached 667,410 on Tuesday, marking a 777% increase compared to the daily average from four weeks earlier. This surge followed Musk’s announcement that U.S. President-elect Donald Trump would appoint him to lead a new agency called the Department of Government Efficiency, or “DOGE” for short.
This data comes from a recent analysis by Cases.gg, which tracked worldwide search trends for “Dogecoin” on Google Trends through the early hours of November 13.
By the end of Tuesday, November 12, the number of Google searches for “Dogecoin” had hit 667,410. This was a sharp rise from the daily average of 76,141 searches just four weeks earlier, reflecting a 776.55% increase following Musk’s revelation about leading the DOGE department.
There was also a notable spike in “Dogecoin” searches on November 6, when Trump was projected to win the U.S. presidential election, with 244,403 searches that day. However, the number quickly dropped to 131,602 searches the following day before rising again on November 10 to 300,804. The upward trend continued, reaching 432,406 searches on November 11 and peaking at 667,410 on November 12.
— Elon Musk (@elonmusk) November 13, 2024
The United States leads the world in Dogecoin searches over the past month, with an estimated 1.5 million searches. Germany and Brazil follow in second and third place, each with around 458,000 searches. The United Kingdom ranks fourth, with 253,000 searches, while the Netherlands saw 205,000 searches in the same period. Other countries with significant interest in “Dogecoin” include Canada, France, Italy, Belgium, and Spain.
So far this week, there have been 1.4 million searches for “Dogecoin,” already surpassing the highest point seen since the week of June 20, 2021, when weekly searches reached 1.8 million.
In addition, global searches for “Dogecoin price” and “Buy Dogecoin” also spiked on November 12, following a similar trend to “Dogecoin” searches in the past month. “Dogecoin price” saw 419,056 searches on Tuesday, compared to an average of 47,190 per day four weeks earlier, marking a 788.01% increase. Meanwhile, “Buy Dogecoin” saw an even sharper rise, from an average of 2,666 searches to 27,272 on November 12, reflecting a 922.83% surge overnight.
“Europe woke up this morning to the news of Musk heading Trump’s so-called DOGE agency and did not waste any time making the connection with Dogecoin,” said a spokesperson for Cases.gg. “Be very cautious though before you rush to pour all your funds into Dogecoin, as the world prepares for a Trump administration full of surprises with an endless supply of unpredictability especially for Europe.”
Elon Musk posted a screenshot of the U.S. president-elect’s statement at 1:02 AM (GMT) on his X (formerly Twitter) account, in which Trump revealed Musk’s new role in the upcoming DOGE agency alongside biotech investor Vivek Ramaswamy.
According to the statement shared by Musk, the goal of DOGE would be to “dismantle Government Bureaucracy” by offering “advice and guidance from outside of Government” and collaborating with “the White House and Office of Management & Budget to drive large-scale structural reform.” The statement was also shared on Donald Trump’s X account at 11:21 AM (GMT) on November 13.
Just minutes before Musk posted Trump’s announcement about his new leadership role in DOGE, Dogecoin’s market value was trading at $0.41056 at 0:50 AM (GMT) on November 13.
