• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

Dogecoin (DOGE) Explodes 8% Daily on Musk-Twitter News

in Crypto Price Analysis, Crypto Updates
Reading Time: 2 mins read
Dogecoin (DOGE) Explodes 8% Daily on Musk-Twitter News
11
VIEWS
Share on Facebook

According to a recent report, Tesla’s CEO – Elon Musk – renewed his intentions to acquire the social media platform Twitter for approximately $44 billion.

As a result and perhaps somewhat expected, Dogecoin – the cryptocurrency that Musk is a vocal proponent of – saw a notable increase in its price.

  • The saga between Elon Musk and Twitter started in April this year when he purchased over 70,000,000 TWTR shares (9.2% of the company). Shortly after, he vowed to buy the firm for $44 billion and transform it into a private entity.
  • While Twitter accepted the multi-billion offer, Musk changed his stance and put the deal on hold due to certain issues the platform needed to solve before shaking hands with him, such as removing all fake accounts and coping with scams.
  • In July, Musk said Twitter had not “complied with its contractual obligations,” and as such, he terminated the agreement.
  • In a sudden twist of events, yesterday’s reports revealed that the entrepreneur had renewed his interest and is ready to buy the company for roughly $54.20 per share – or around $44 billion – the original bid.
  • Even though unrelated to the matter at hand, Dogecoin’s price skyrocketed on the news.
  • The cryptocurrency exploded by around 8.2% since the news broke out. This is because Musk is one of the most popular proponents of the memecoin and has spent both time and resources on trying to improve it.
Source: Binance via TradingView
  • It is worth noting that earlier this year, the electric vehicle giant – Tesla – allowed consumers to purchase company products in Dogecoin.
SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Source link


  • Trending
  • Comments
  • Latest
SHAmory Announces Satoshi Plush That Will Support The Built With Bitcoin Foundation

SHAmory Announces Satoshi Plush That Will Support The Built With Bitcoin Foundation

24 March 2023
New Feature Enables Nigerian Metamask Wallet Users to Buy Crypto Assets Within the App – Wallets Bitcoin News

New Feature Enables Nigerian Metamask Wallet Users to Buy Crypto Assets Within the App – Wallets Bitcoin News

23 March 2023
Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil

Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil

23 March 2023
Best Crypto tools: The ultimate list for 2023

Best Crypto tools: The ultimate list for 2023

19 January 2022
Nexon picks Polygon Supernets for “MapleStory Universe” and NFT ecosystem expansion

Nexon picks Polygon Supernets for “MapleStory Universe” and NFT ecosystem expansion

23 March 2023
Allocation Update Q3 2022 | Ethereum Foundation Blog

Allocation Update Q3 2022 | Ethereum Foundation Blog

27 March 2023
Empowerment Over Fear: Bitcoin, Home Birth And Responsible Sovereignty

Empowerment Over Fear: Bitcoin, Home Birth And Responsible Sovereignty

27 March 2023
Terra’s Do Kwon Arrested in Montenegro

Terra’s Do Kwon Arrested in Montenegro

27 March 2023
Confirm You’re Dealing with the Real Otherside Meta

Confirm You’re Dealing with the Real Otherside Meta

27 March 2023
Mosdex Announces Upcoming Launch of Updated White Paper: A Comprehensive Guide to the Future of AI Powered Crypto Arbitrage Staking | by Mosdex | Mar, 2023

Mosdex Announces Upcoming Launch of Updated White Paper: A Comprehensive Guide to the Future of AI Powered Crypto Arbitrage Staking | by Mosdex | Mar, 2023

27 March 2023

  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}