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Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch -Breaking

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DogecoinDOGEElon Musk’s announcement that a significant increase in ) price occurred on January 14th, prompted by a substantial rise in ) demand Tesla (NASDAQ: ) would accept this paymentGet merchandise

Following the announcement, DOGE prices were lowered The increase was close to 13%It reached a 30 day high of $0.2150. The upside movement was part of an intraday rally, which began before Musk’s Dogecoin tweet became viral.

Hourly chart of price. Source: TradingView
Chart of daily DOGE/USD prices. Source: TradingView
Chart of daily DOGE/USD prices. Source: TradingView