Dogecoin soars over 40% immediately after Elon Musk tweet

By Caoimhe Toman

Date: Friday 14 May 2021

(Sharecast News) - Dogecoin soared more than 40% to a price of 55 cents on Friday according to Coin Metrics data, immediately after Tesla CEO Elon Musk tweeted about the cryptocurrency.
Musk tweeted that he was working with dogecoin developers to improve the efficiency of transactions.

"Working with Doge devs...

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