Meme crypto value soars 800% after Trump names Elon Musk 'DOGE' efficiency chief
- Bias Rating
-8% Center
- Reliability
55% ReliableFair
- Policy Leaning
-8% Center
- Politician Portrayal
-7% Negative
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The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
30% Positive
- Liberal
- Conservative
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Policy Leaning Analysis
Politician Portrayal Analysis
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Contributing sentiments towards policy:
87% : "He sent the rocket up two weeks ago and I saw that rocket, I saw it coming down it was beautiful," Trump said.62% : THE meme cryptocurrency Dogecoin's value has soared by a whopping 800 per cent after Trump names Elon Musk as "secretary of cost-cutting".Dogecoin - championed by the Tesla Tycoon - has even outpaced Bitcoin to rise from $0.15 to $0.42 within a matter of days as Trump soaks up his election glory.
61% : During his successful campaign, Trump courted the crypto industry and spoke at a Bitcoin conference in July.
53% : Musk's proximity to Trump is set to make him one of the most powerful people on the plant.
50% : The surge came after Trump named Musk as the new head of agency, called the Department of Government Efficiency, or DOGE for short.
47% : He has reportedly spent "nearly every day" at Mar-a-Lago since Trump's crushing election victory last week.
43% : Trump has previously said Musk would be given a role as "secretary of cost cutting", heading up the new Department of Government Efficiency (DOGE).
41% : The role means he could have wide-reaching powers to trim the US federal bureaucracy that he and Trump have claimed is holding America back.
38% : Trump even called him in to join a family photo taken at the Palm Beach mansion.
23% : Trump said in a statement on Tuesday that he will "pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies".
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.