Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Coinpedia Fintech News on April 07, 2023, 09:48:59 AM
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The crypto markets may be feeling stagnant, but the same can't be said for Dogecoin. In a shocking twist, the once-beloved meme coin saw a whopping 8% drop in its price, tumbling from its highs of $0.09 to trade at $0.084. So, what caused this downward spiral? It turns out, the same man who helped the coin soar in value just a few days prior may be the culprit: Elon Musk.
The Tesla and Twitter CEO, known for his love of Dogecoin, changed his Twitter logo to DOGE, leading to rampant speculation and a surge in price by over 20%. But alas, the bears swooped in, limiting the upswing to a meager $0.092.
What's next for the volatile Dogecoin?