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Dogecoin Gains 8% on Claim Elon Musk Will Uprgade DOGE With Vitalik Buterin

Reports have surfaced suggesting that Ethereum (ETH) co-founder Vitalik Buterin and Tesla (NASDAQ: TSLA) CEO Elon Musk will come together and begin working on upgrading Dogecoin (DOGE).

As a result, the price of Dogecoin is going through the roof. Dogecoin is currently changing hands at $0.08761, up 8.46% in the last 24 hours and around 2.4% across the previous seven days.

The price of DOGE added over $1 billion to its market cap in a little over an hour, from $10.9 billion to $12.07 billion before retracing slightly.

(by Jordan Major)

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