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Dogecoin Surges 5.8% as Traders Anticipate Elon Musk's Next Move

Dogecoin has risen 5.89% following Twitter's deal with eToro to offer crypto trading. Twitter CEO Elon Musk has often touted dogecoin as one of his favorite cryptocurrencies, dedicating a segment to it on an appearance on Saturday Night Live in 2021. Twitter also briefly changed its logo to the dogecoin logo last week to spur a rally that gained as much as 37% for some traders. The popular meme coin had previously slumped by 22.64% as the hype surrounding Twitter's logo change subsided. It is currently trading at $0.0877.

(By Oliver Knight)

Dogecoin Dogecoin $0.41
-4.39%
Dogecoin Elon Musk
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