It appears that evidently the connection between Dogecoin and Elon Musk has paid extra dividends to the memecoin as its value soared by double digits shortly after the Tesla CEO visited Twitter’s HQ.
It’s anticipated that Musk will full the acquisition of the social media platform within the subsequent few days.
The continuing drama between Elon Musk and Twitter continues to take new turns. Recall that the billionaire purchased an enormous stake within the social media platform earlier this 12 months and mentioned he needed to buy it and make it a personal firm shortly after.
Nonetheless, the social media agency failed to offer the required consumer information, and Musk determined to again off at one level. Twitter launched a lawsuit, and the billionaire renewed his curiosity in buying the corporate.
Reviews from a few month in the past claimed that he was prepared to purchase it after the Choose mentioned the acquisition needed to occur earlier than the tip of November.
Musk posted a video late final night time carrying a sink into the Twitter headquarters and a wordplay, saying, “Getting into Twitter HQ – let that sink in!” He additionally mentioned he met lots of “cool individuals” on the firm’s workplace.
Getting into Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
Considerably expectedly, the worth of Dogecoin exploded following Musk’s video, given their historical past. The billionaire has outlined his affection to the OG memecoin numerous instances up to now, and DOGE tends to commerce increased when he does one thing massive.
This appears to be the case now as nicely, because the asset soared by over 20% up to now 8 hours to a 10-week excessive above $0.08.
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