Dogecoin Spikes as Elon Musk Completes his Acquisition of Twitter

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

Like a digital Lassie, Dogecoin has come to the rescue of the world's richest man.

After a months-long legal quagmire, Elon Musk finally completed his acquisition of Twitter on Friday for a lot more than he wanted to pay. Fortunately for the enigmatic multi-billionaire, his cryptocurrency of choice had his back -- jumping some 60% since Friday morning. Now if only he can get his loyal doge to sit, stay, and not plummet just as fast.

Continue reading


Source Fool.com