Doge Token Pumps After Elon Musk Tweets ‘Dogecoin Is the People’s Crypto’

Doge Token Pumps After Elon Musk Tweets ‘Dogecoin Is the People’s Crypto’

Elon Musk has tweeted that dogecoin is the people’s crypto shortly after the billionaire pledged to go off the social media platform for a while. Incidentally, the token, which traded at $0.0411 on February 3, surged to $0.0588 just as Musk was tweeting. However, at the time of writing, the token appeared to have retreated to $0.0541, a price which is still 60% higher than that of February 3. Following Musk’s previous tweets about the token, dogecoin’s price surged to an all-time high (ATH) of $0.0791, according to Messari data. At the time of writing, the token is still....

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