Trump Threatens Elon Musk with DOGE Audit Over Political Tensions

What happens when politics, power, and memes collide? You get Dogecoin under fire.

In a move that caught both political and crypto circles off guard, former president Donald Trump is rumored to be considering an audit of Elon Musk’s Dogecoin activity. The motive? Allegedly, rising political tensions between the two influential figures, paired with Musk’s growing involvement in digital assets like Dogecoin, have put him in Trump’s crosshairs.

But is there any legal ground for such a move—or is this just political theater?

A Political Power Play?

According to insiders, Trump is “looking closely” at Musk’s Dogecoin activity, including past tweets and corporate involvement via X (formerly Twitter). The goal appears to be a public demonstration of regulatory scrutiny over what Trump views as “manipulative behavior,” especially if it interferes with monetary policy or market sentiment.

This wouldn’t be the first time Musk’s DOGE tweets moved the market. Remember that time he tweeted a Shiba Inu meme and DOGE surged 25 percent? Yeah, the market sure does.

Could Dogecoin Be Targeted?

Trump has long voiced skepticism toward crypto—except when it aligns with his own ventures. And with Trump-aligned stablecoin platforms now gaining traction, auditing Musk’s Dogecoin exposure could serve as both a warning and a distraction.

DOGE, which was once a joke coin, is now part of a serious conversation around regulatory oversight, especially when it’s connected to billionaire CEOs who can move markets with a single post.

What It Means for Dogecoin Holders

For holders of DOGE, the bigger concern is not just political drama but the very real possibility of increased scrutiny. If regulators do investigate, it could bring Dogecoin under the same harsh lens as XRP once was. It’s worth watching how this evolves—especially if a new administration brings a different view on memecoins.

Final Thoughts

Whether it’s serious action or headline-grabbing bravado, Trump’s rumored audit threat is a sign that crypto is deeply woven into today’s political fabric. And for Dogecoin, it’s another strange chapter in an already wild journey.