Dogecoin gained more than 30% after Elon Musk officially bought the entire Twitter last night. The cryptocurrency, of which Elon Musk is the biggest supporter, was at the level of $ 0.12 before the news.
The crypto money market, which has been in a downward movement for a few days, last night. Elon Musk bought Twitter It entered a recovery process with its official announcement. Bitcoin, which was circulating at $ 38,700 before the news came, It was over $40,000 again.
But if it was last night’s real rising star, it’s now all about Elon Musk. Dogecoin (DOGE) was. Dogecoin continued to fall in parallel with the crypto money market until the news of Elon Musk, and before the news, it fell to the lowest level of the last period, 0.12. But with the sharing of the news, it gained tremendous value.
Dogecoin gains more than 30%
With the announcement of Elon Musk’s acquisition of Twitter, the value of Dogecoin, It rose from the levels of 0.12 to the high of 0.1711. Dogecoin, as of the moment of writing this article It has gained 33% in the last 24 hours and it continues to trade at 0.1650 levels. This bullish, Elon Musk is yet to know about Dogecoin despite not posting anything new took place.
The cryptocurrency market had suffered a great decline after the statements about inflation and monetary policy tightening from Europe and the USA. Of course, the main development that led to an increase in inflation all over the world and caused changes in monetary policies. It was the Russia-Ukraine war.
RELATED NEWS