Why Dogecoin Popped Today
Dogecoin (CRYPTO: DOGE), the meme-based cryptocurrency that caught fire early last year, was moving higher today after Elon Musk finally completed his acquisition of Twitter (NYSE: TWTR) last night.
Musk has been a longtime backer of Dogecoin and has often tweeted about it on the social media site, which has led to pops in Doge at various stages.
As of 11:52 a.m. ET, Dogecoin's price was up 9.9% over the last 24 hours.
Source Fool.com