Dogecoin rises on Elon Musk’s tweets
The meme cryptocurrency Dogecoin (DOGE) rose above $0.087 on a series of Elon Musk tweets.
![\"Dogecoin](\"https://lh6.googleusercontent.com/KDfu_qJi044_7nVBU26NTuIpkSch9TLyPR-f7CKHViZSbDObxDXzBKrgdwuUVdpQv3x_ZU0yH2I7Gm9KR690GoO60rPvXVRBdgrF1Ydxi2KnlGDV6SinXlqcBnsq2b2QxYHv8Hdds1MKb8kmMKdiFXE\")
The entrepreneur introduced his Shiba Inu dog named Floki as Twitter’s CEO and a new member of the company’s board of directors.
The new CEO of Twitter is amazing pic.twitter.com/yBqWFUDIQH
— Elon Musk (@elonmusk) February 15, 2023
Prices of Dogecoin’s follower, the Floki (FLOKI) coin surged even more — the asset rose by almost 40% in 24 hours.
![\"Dogecoin](\"https://lh4.googleusercontent.com/wEnoL3SbYeDjRM6O2ZJyVPaslUUD_s4_Eb4dyYE3sF1xgMb1fYMxwiT6cwAMwEi6UBGzim93ijoXaLEDcgaCKprjMVH3SXgDmKqcn2ipMR4mhCoEUkaK6wFL8XHd14IHg_wXZ7UZRJXLkrbFxq2uB-Y\")
The price of Shiba Inu (SHIB) reacted cautiously, rising about 5% in 24 hours.
![\"Dogecoin](\"https://lh5.googleusercontent.com/RyE8Pb1Wp7hvMKk8-kRPHW2s2yWDliB7PDFucNauLGLqCv86vhLwpZObdz47Y5Qkf7GNn4uzJiHIh5D-L1kXNZeGl3Kilp8nmBiiee1H9ZMwlxkxPCUt9pq_U7GFJVyPlvrm3s6DItWjkGKRDgzp7mc\")
In October 2022, Dogecoin posted a sharp rise after Musk’s Twitter purchase.
In November, the coin’s quotes surged on the back of the billionaire’s update to the social network.
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