Dogecoin Jumps 4% on Elon Musk Tweet

Popular dog-themed cryptocurrency dogecoin (DOGE) jumped about 4% in a handful of minutes following a tweet mention from Elon Musk.

DOGE’s price spiked to as high as $0.072 from $0.069 late Wednesday morning after Musk’s post. The token just as quickly pared some of its gains and was trading at just under $0.070 at press time, still ahead about 2% over the past 24 hours.

Source: Dogecoin (DOGE) Jumps 4% on Elon Musk Tweet