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Dogecoin jumps by about 23% due to the news about the Musk deal

Dogecoin jumps by about 23% due to the news about the Musk deal

Is Elon Musk on Dogecoin?

Why did Dogecoin spike today?

The price of the digital currency "Dogecoin" rose during trading on Monday at a sharp pace due to the news surrounding the CEO of "Tesla", "Elon Musk", who is the most prominent and most important supporter of this particular digital currency.


Today, Monday, Twitter's board of directors officially approved the offer of American billionaire "Elon Musk" to buy the social networking company.


The company confirmed that the board of directors approved Musk's offer to buy Twitter for $44 billion, or $54.2 per share.


In terms of trading, the price of “Dogecoin” on the “Coin Market Cap” platform jumped at 10:50 pm Mecca time, by 22.7% to $ 0.1627.