According to Fox News, DOGE has drawn significant attention after reports highlighted substantial spending on Diversity, Equity, and Inclusion (DEI) efforts by a key Biden administration agency. The news has triggered discussions in the crypto trading community about the impact of government spending inefficiencies on digital asset demand, particularly for meme coins like DOGE. Traders are monitoring DOGE price movements closely, as skepticism about bureaucratic spending could drive speculative flows into alternative assets. This development is leading to increased DOGE trading volumes and heightened volatility, with market participants seeking to capitalize on policy-driven sentiment shifts (Source: Fox News, May 27, 2025).