Dogecoin Surges 42% This Week as Elon Musk Completes Twitter Buyout

CoinMarketCap predicted that Dogecoin is the most trending cryptocurrency listed on the platform right now.

[{"selector":"#anim-03eeee4f-68a4-48a0-93cf-e112d5bfb82f","keyframes":{"transform":["translate3d(-95.77464%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8298654c-95ad-488e-bfdb-44f7b524c158","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-18ee7b62-a2d0-4a22-8481-8b7b028c16d7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The price of DOGE has pumped a whopping 41.76% over the last seven days and recorded a massive increase of 38.47% in the past 30 days.

[{"selector":"#anim-2ce042ab-0c78-41ff-b130-0fb0c9790820","keyframes":{"transform":["translate3d(-95.77464%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2ffe0b10-ccb6-443c-b5d0-d47fe901625a","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22a29a74-6316-4628-9651-c050bb3dabbb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

In light of Musk’s Twitter acquisition, the Dogecoin community expressed excitement as speculations of possible use cases of DOGE on Twitter have escalated.

[{"selector":"#anim-28b05773-8757-48b9-b912-3166c33bdb38","keyframes":{"transform":["translate3d(-95.77464%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6c0ea50f-1494-4e80-b543-895551e1a366","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-757d532e-b56e-4322-929c-74005118931d","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Dogecoin’s possible use cases were still uncertain and purely speculative at the moment.

[{"selector":"#anim-a7a830d5-8632-43aa-ac17-95e3d91a7eb6","keyframes":{"transform":["translate3d(-95.77464%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-77356ade-153c-4978-88cd-152ae5cf1b8a","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-19ac4a92-424e-4da7-912c-f9876a629c7c","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Based on Musk’s proposal, Dogecoin could become the main cryptocurrency on the social media platform in the near future.

[{"selector":"#anim-4e877176-b2ac-4651-95f0-0bae38b911d5","keyframes":{"transform":["translate3d(-95.77464%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3f2fa96a-68fa-447e-937a-3a9847d89680","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ad883c3-d2ab-4e8a-9bfb-6fc832e75021","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

At the time of writing, the price of DOGE was trading at $0.08201, up 8.47% in the last 24 hours according to the data of CoinMarketCap.

[{"selector":"#anim-214b77cc-74fd-486b-bff1-754a6a65585f","keyframes":{"transform":["translate3d(-95.77464%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e97799e3-cd11-4f29-8091-a7b84e3c01a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7b111c5f-997a-4b88-b683-881c12c9eb5b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Furthermore, Dogecoin’s market cap now reaches $10.9 billion.

[{"selector":"#anim-31c2c803-e983-4f4f-9eae-d916c2c592f7","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5fe41db-ec5b-4978-a878-5486b3e758ce","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-446e795b-d3d5-48d7-95d3-da971a555500","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-27c33f94-0c2c-497b-9ed6-9b9842963bb9","keyframes":{"transform":["translate3d(-153.33335%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-2e315c0f-8560-4eec-8277-d4fc3b49fae5","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] More Crypto Stories...