The DogeFather, Elon Musk, hyped up Dogecoin (DOGE) in a tweet made on Wednesday. Although not much was said in Musk’s tweet, it certainly caught the attention of DOGE investors as the meme coin was one of the few top 10 cryptocurrencies that saw its price rise over the past 24 h...
- Elon Musk posted on Twitter this past Wednesday to hype up Dogecoin (DOGE).
- This caught investors’ attention as DOGE was one of the only top 10 cryptocurrencies that posted a 24-hour gain.
- Technicals suggested that DOGE may rise to $0.07409 in the next 24-48 hours.
The DogeFather, Elon Musk, hyped up Dogecoin (DOGE) in a tweet made on Wednesday. Although not much was said in Musk’s tweet, it certainly caught the attention of DOGE investors as the meme coin was one of the few top 10 cryptocurrencies that saw its price rise over the past 24 hours of trading.
CoinMarketCap indicated that, at press time, DOGE was worth about $0.07245 after its price increased by more than 2% over the past 24 hours. This meant that DOGE was trading just below its daily high of $0.07275.
Musk’s influence on the crypto market was once again evident as most other top 10 altcoins including Cardano (ADA), Solana (SOL), and Ripple (XRP) all saw their price drop by 4.53%, 5.85% and 6.32% respectively during the time DOGE gained. Meanwhile, DOGE’s 24-hour success also ended up flipping its weekly perform…
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