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Dogecoin Loses Momentum From Musk Twitter Acquisition News
Elon Musk's favorite memecoin, dogecoin (DOGE), appears to have lost the momentum it was gathering following Tuesday's news that the Tesla (TSLA) CEO's purchase of Twitter (TWTR) was back on the table. The Shiba Inu dog-meme-inspired crypto was trading at around $0.063 at the time of writing, a decline of 4.5% compared to the $0.066 it rallied to at approximately 00:30 UTC Wednesday. Having treaded water in the range of $0.059-$0.061 for the past few days, DOGE saw a spike Tuesday following the news that Musk had proposed moving forward again with his bid to buy Twitter. Traders see Musk's proposed plans to buy ... (full story)
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- Posted: Oct 5, 2022 12:52pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 174
