Dogecoin went up 26% after a photo of Elon Musk's dog was published on Twitter
The mock cryptocurrency Dogecoin continues to respond to American billionaire Elon Musk's posts on Twitter.
Here's What We Know
The new owner of the social network has published in his account a photo of a dog breed Shiba Inu, which is the symbol of the cryptocurrency. After the appearance of the photo in the Halloween theme, the price of Dogecoin jumped by more than a quarter.
???? pic.twitter.com/eaIYaDRBnu
- Elon Musk (@elonmusk) November 1, 2022
Altoquin gained 26% in 24 hours. The price of the token reached $0.146. Over time, the cryptocurrency has fallen slightly in price. Dogecoin is now worth $0.1295. At the same time, over the last week, the value has almost doubled.
Dogecoin's capitalization increased to $17.115 billion. This allowed the joke token to become one of the ten largest cryptocurrencies in the world.
Source: Coinmarketcap
