Doge Returns To $0.1 For The First Time Since May After Gaining Over 70% This Week

This is the first time DOGE has returned to $0.1 since May 11 after a long period of massive gains.

on October 29, DOGE returned to $0.1 for the first time since the market wobbled with Terra’s biggest crypto crash in history. Currently the hottest coin meme is trading at $0.10095, up nearly 30% in 24 hours and up 71.68% in the past week.

24h DOGE price chart. Source: Coincu.com

This admirable increase must be thanks to the great work of Dogecoin enthusiast, billionaire Elon Musk. The price of this coin meme is often promoted by Musk and accepted by Tesla as a payment method. Therefore, the price of Doge has skyrocketed since the news of the Twitter acquisition was made.

On October 27, billionaire Elon Musk officially completed the acquisition of Twitter after a long legal battle between the two sides.

Immediately after announcing the acquisition of Twitter, billionaire Elon Musk introduced Twitter Blue. Twitter Blue is nothing but a registered version of Twitter. Subscriptions bring a number of new and customizable features to the app.

This feature is currently only available in Canada, Australia, the US and New Zealand and costs $3/month. Although there are plans to roll out more in more regions, it’s unclear when. Twitter users are also wondering if Elon Musk will use DOGE to pay for Twitter Blue.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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