Dogecoin, a leading meme cryptocurrency, recently experienced a 6% price surge following a tweet from Elon Musk. The influential post by Musk once again highlights his impact on the market, especially regarding Dogecoin.
Known as the 'Dogefather,' Musk's tweets have historically caused significant fluctuations in Dogecoin’s price, making it a coin to watch after his posts.
The recent attention on Dogecoin brings into focus the broader influence social media activity from influential figures can have on meme cryptocurrencies as a whole.
