Musk calls for the 'DOGE big pump' effect, with more than 40 million people in the United States voting early.

The U.S. presidential election is set to officially take place on November 5th. Over 40 million voters have already cast their votes. As the probability of Republican presidential candidate Trump winning the election rises and Tesla CEO Musk publicly supports Trump and promotes DOGE coin, DOGE experiences a big pump of over 17% in a single day. With the election entering its final stage, the two parties are fiercely competing. Early voting has already begun in various states across the U.S. According to calculations released by Florida State University, over 43.3 million American citizens have already voted, with 21.9 million voting in person and 21.4 million voting by mail. The state with the highest number of early voters is Texas, with approximately 5.4 million people, followed by Florida with 4.6 million and California with 4.2 million. Michigan, one of the swing states, opened statewide early voting for the first time on the 26th and over 145,134 voters cast their votes. Non-swing states like New York, New Jersey, and Florida also saw active voting over the weekend, with over 250,000 people voting in New York City on the 26th, setting a record for the highest voter turnout on the first day of early voting in the city's history. Amidst the rising probability of Trump winning the election and Musk's repeated promotion of DOGE coin, the price of DOGE has experienced a big pump of 17.7% in the past 24 hours, reaching $0.1676, the highest since May this year, and the highest daily increase among the top 100 cryptocurrencies by market capitalization. Prior to this, Trump had expressed that if he wins the election, he would invite Musk to lead government spending audits and implement strong reforms by establishing the Department of Government Efficiency (D.O.G.E), which shares the same abbreviation as DOGE coin. When attending a Trump rally at Madison Square Garden in New York on the 27th, Musk elaborated on his vision to significantly reduce government spending, stating that if Trump wins the presidential election, he could streamline at least $2 trillion of the federal government's budget. However, critics argue that Musk would face conflicts of interest in his government position, as his companies such as TSL and SpaceX have obtained federal contracts worth billions of dollars and also benefit from federal government spending, including electric vehicle tax credits and infrastructure investments.