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In April 2024, former candidate Robert F Kennedy Jr. said he wanted to put the entire federal budget onchain. The politician told an audience at a Michigan rally:
"Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day. We are going to have 300 million eyeballs on our budget. If somebody is spending $1 6,000 for a toilet seat, everybody will know about it." Kennedy's proposal was met with widespread support from small government and sound money advocates, who argued that US government spending was out of control.
The DOGE launched its website on Jan. 21 and officially adopted the DOGE logo used by the world's first memecoin, Dogecoin.
Following the website's launch, the price of Dogecoin rallied by approximately 11% to $0.38.