Afrigather Plainly the connection between Dogecoin and Elon Musk has paid extra dividends to the memecoin as its value soared by double digits shortly after the Tesla CEO visited Twitter’s HQ.
It’s anticipated that Musk will full the acquisition of the social media platform within the subsequent few days.
- The continuing drama between Elon Musk and Twitter continues to take new turns. Recall that the billionaire purchased an enormous stake within the social media platform earlier this yr and stated he wished to buy it and make it a personal firm shortly after.
- Nevertheless, the social media agency failed to supply the required person information, and Musk determined to again off at one level. Twitter launched a lawsuit, and the billionaire renewed his curiosity in buying the corporate.
- Reports from a couple of month in the past claimed that he was prepared to purchase it after the Decide stated the acquisition needed to occur earlier than the top of November.
- Musk posted a video late final night time carrying a sink into the Twitter headquarters and a wordplay, saying, “Coming into Twitter HQ – let that sink in!” He additionally stated he met plenty of “cool individuals” on the firm’s workplace.
Coming into Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
- Considerably expectedly, the worth of Dogecoin exploded following Musk’s video, given their historical past. The billionaire has outlined his affection to the OG memecoin numerous occasions prior to now, and DOGE tends to commerce greater when he does one thing huge.
- This appears to be the case now as effectively, because the asset soared by over 20% prior to now 8 hours to a 10-week excessive above $0.08.
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