September 22, 2024

Elon Musk gives Dogecoin a boost with a tweet

Elon #Elon

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Such Elon.

Yuriko Nakao/Getty Images

Elon Musk wielded his immense Twitter influence again Thursday, this time turning his attention toward Dogecoin, the cryptocurrency that rose out of a joke. A one-word tweet from the Tesla boss saw Dogecoin’s value surging more than 50%, as previously noted by MarketWatch.

“Doge,” he wrote.

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