Dogecoin rose nearly 75% to $0.15, its biggest daily gain since April 2021, with the momentum coming from significant support from Elon Musk’s acquisition of Twitter.
especially This meme-coin’s massive surge is part of a broader bullish trend that started earlier this week on Oct. 25, in total, DOGE’s price rose 150% during the hike. 25-29 Oct.
Reflecting investor excitement over Elon Musk’s Oct. 27 acquisition of Twitter, Musk earlier this year revealed the idea of making Dogecoin a payment method to buy subscriptions. Twitter Blue
Meanwhile, Shiba Inu’s price rose 30% to 0.00001519 USD, its highest level since August 2022. Like Dogecoin, Shiba Inu’s surge is part of a broader uptrend that started today. October 25, which since then The price was also increased by 53%.
In addition, other meme coins have also increased significantly during this period, including Dogelon Mars (ELON) which increased 140%
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