According to Fox News (@FoxNews), Elon Musk’s involvement with Dogecoin (@DOGE) has directly influenced DOGE trading volatility and liquidity, with notable spikes following his public endorsements and social media activity. Key moments, such as Musk's tweets and public statements during his tenure as Tesla CEO and as President Trump's chief waste-cutter, repeatedly triggered increased trading volumes and short-term price surges for DOGE (source: Fox News, May 29, 2025). Traders should closely monitor Musk’s public communications for actionable signals, as historical data demonstrates a consistent pattern of Musk-driven price action in the crypto market.