Dogecoin Leaps 94% in Weekly Gains Following Elon Musk’s Twitter Acquisition

[Google News Bot]

As Elon Musk ostensibly set Twitter free from its cage, popular meme coin Dogecoin broke out of the doghouse that is crypto winter. The coin saw an extended rally following the social media giant’s acquisition by the world’s richest man, briefly doubling in value to 14 cents per Doge earlier this week. It now sits at 11 cents as of this writing, up 94% in the past week, according to CoinGecko. The billionaire’s outsized impact on Dogecoin is nothing new, but the coin eclipsed prices this week not seen since May. Musk has not mentioned the coin since completing his $44 billion ...

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