Altcoin News - Prominent memecoin Dogecoin (DOGE) rose by over 6.3% in a day.
- FLOKI’s price climbed more than 35%.
The “New CEO of Twitter” was revealed by Elon Musk. He posted a photo of Shiba Inu dog (Dogecoin icon) wearing a black T-shirt with the CEO tag. Also, Musk teased that the dog is ‘Amazing and stated he’s great with numbers’.
Following Elon Musk’s series of tweets, his favorite meme token Dogecoin (DOGE) price soared by over 6.3% in the last 24 hours and 5.9% from $0.081848 to $0.086956 just between before and after the original Twitter CEO posts. Whenever Musk interacts with this meme cryptocurrency, the price of DOGE goes up.
Further, Dogecoin founder Billy Markus sarcastically tweeted under one of the tweets that the dog was “the only one crazy enough to take the job.” At the time of writing, DOGE traded at $0.086081 with a market cap of $11 billion, surged around 5.53% in a day, and has 24 hours trading volume of $985 million, increased more than 50%, as per CoinGecko data.
Moreover, Dogecoin rivals Shiba Inu (SHIB) and Floki (FLOKI) also reacted to Elon Musk’s tweets. SHIB sored around 4.8%, and FLOKI rose about 35%. Shiba Inu’s Shibarium lead developer Shytoshi Kusama also retweeted his post. And SHIB Army is awaiting its layer 2 blockchain launch.
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