Dogecoin (DOGE) Is Again Among The Top 10 Cryptocurrencies In The World!

The world’s first and largest meme token Dogecoin (DOGE), With the latest developments and the sudden rise movement, the world’s largest crypto coins After a long break in the list, he entered the top 10 again.

After Elon Musk’s Twitter Acquisition, DOGE Becomes World’s 10th Largest Cryptocurrency Again

After learning that Tesla CEO, billionaire Elon Musk, will buy Twitter for $ 44 billion, this development was welcomed by Dogecoin supporters. As it is known, Twitter announced that Musk’s offer was accepted with an official press release.

After the announcement, the meme token soon hit its intraday high of $0.1711. At the time of this writing, DOGE is trading at $0.156 with the 20% increase in the last 24 hours.

With the latest developments, Dogecoin has risen to the tenth place among the world’s largest cryptocurrencies in terms of market capitalization.

It was learned that the shareholders of the company will receive $ 54.20 per share. Tesla CEO said in his statement that this offer was generous and that he would not go beyond it.

However, it is not yet known when the acquisition will be completed. A purchase of this size must be approved by the authorities.

In his statement, Musk said that Twitter has a lot of potential, and that in addition to this, new features will be added to the platform and spam bots will be blocked.

One of the developments regarding Dogecoin today was the statements made by Digital Currency Group CEO Barry Silbert in favor of the DOGE acquisition. The famous name was known in the past for being extremely harsh on DOGE.

*Not investment advice.

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