Elon Musk's announcement about a new agency named 'DOGE' dramatically increased interest in Dogecoin, with searches peaking at 667,410 on November 12, marking a 777% rise.
Google Trends indicated that the daily average of searches for 'Dogecoin' spiked from 76,141 to 667,410 after Musk shared Trump's statement regarding the DOGE agency.
A notable spike in Dogecoin searches also occurred on November 6, when Trump was projected to win the presidential race, evidencing the correlation between politics and cryptocurrency interest.
The US dominated global searches for Dogecoin over the past month, totaling around 1.5 million, illustrating the significant interest amongst American users in cryptocurrency.
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