With Twitter in his kitty, Elon Musk is now focusing on integrating cryptocurrencies with the platform. He is also supported in the endeavor by crypto exchange Binance, which has invested some $500 million in the deal.
The news that Twitter is now a part of the Elon Musk empire has surged the values of Dogecoin. DOGE is showing an extremely bullish trend. The meme coin has rushed 17% in the past 24 hours and more than 45% in the past week. The meme coin is now changing hands at $0.1024 with a 24 hrs. high of $0.1034 and a low of $0.07946. It boasts a market cap of $13,516,156,990 and a volume of $4,045,942,350. The meme coin is riding high after Elon Musk acquires Twitter. Mr. Musk is one of the most vociferous supporters of DOGE.
Dogecoin, and Shiba Inu Surge Phenomenally
The much-touted DOGE killer, Shiba Inu, also surged by 13% in the last 24 hrs. and 19% in the previous week.
The meme coins, Dogecoin, and Shiba Inu, were among the most bullish in the crypto sector. While Bitcoin and Ethereum continued their dream run, the meme coin stole the show.
The number one crypto coin, Bitcoin, is now changing hands at $20,914.21 with a 24 hrs. high of $20,938.53 and a low of $ 20,132.50. It boasts a market cap of $401,464,903,617 and a volume of $42,771,656,776.
Ethereum was also continuing with its dream run and was up by 4% in the last 24 hrs. and has risen 21% in the past week. The number two crypto coin was changing hands at $1,628.95. It had hit a 24 hrs. high of $1633.99 and a low of $1494.75. The crypto asset boasts a market cap of $1,628.95 and a circulating volume of $20,850,144,198.