DOGE jumps 20% after Elon Musk’s tweet: “…going to the moon very soon”
Dogecoin (DOGE) is seeing major upwards movement in line with a rise in Bitcoin and as Tesla’s Elon Musk has again chimed in.
Dogecoin has seen its price rise this weekend as Bitcoin (BTC) again approached all-time-high levels and Musk suggested that it would be “going to the moon very soon” in a recent tweet.
Dogecoin reached a high of $0.078 after a 20% increase from its 24-hour low of $0.0625. The coin is currently priced at $0.075, up 1,563% from this year’s low of $0.0048 reported in January.
Like any other altcoin, Dogecoin is operating on the tracks set by Bitcoin and its movement.
Bitcoin approached its all-time high price of over $60,000 amid talk of a supply shortage.
