Dogecoin price risks 40% correction despite Elon Musk-Twitter euphoria -Breaking
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Dogecoin’s price could see a 40% correction, despite Elon MuskTwitter’s euphoriaDogecoinDOGEPrices for ) rose after their most prominent backer Elon Musk bought Twitter (NYSE:), for $44 billion. Dogecoin’s best day was April 25, when it reached $0.17, but still fell 77% from May 2021’s record high.
DOGE’s price rose by nearly 25% to $0.15 on a 24-hour adjusted timeframe, confirming that traders considered Musk’s acquisition of Twitter Dogecoin’s bullish event.
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