Doge Spikes With Musk Tweet

Twitter ($TWTR@US) is a powerful tool that can cause a seismic shift in the cryptocurrency market. This was never more apparent than when Elon Musk brought up the price of Dogecoin ( $0.000 ) with a simple tweet. Coindesk published and socialized a story about Ehtereum, and Musk responded to the tweet with: “Dooooooge”. That was all it took to bring up the price of the token, allowing it to trade 1.2% higher over the last 24 hours, reaching 21.7 cents. This adds to DOGE’s year-to-date gain of 3527.7%. The tweet also offers a boost to a token that lost 24.17% in 90 days and 24.17 in just the last 30 days. Benzinga’s Melanie Schaffer also notes that traders should watch out for Dogecoin ( $0.000 ) , looking at whether it can jump past Tuesday’s high of 22.8 cents, as this would indicate a trend change.

View at DailyMotion