Dogecoin Soars Followed After Elon Musk Tweet

IndustryTrends

Musk's tweet appears to have a substantial effect on Dogecoin's value

Elon Musk shared a meme featuring his dog Floki acting as the next head of Twitter, traders are boosting Doge

There are a number of factors that contribute to Elon Musk's tweet having such a big effect on Dogecoin's valuation.

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