futurewithcrypto.com
Because of his fondness for cryptocurrencies, he is frequently referred to as the "Dogefather".
Tech entrepreneur Elon Musk has once more pushed up the price of Dogecoin, the well-known cryptocurrency for memes.
Musk posted a picture of a dog holding a Halloween pumpkin and a t-shirt with the Twitter logo, and this tweet sharply increased the price of Dogecoin.
Dogecoin increased by almost 26% as a result of the tweet.Prior to Musk's post at 9:46 AM on Tuesday.
The meme token was trading at $0.12. At 11:55 AM, the token increased by 25.90% and reached its highest price of $0.147.
Crypto aficionados interpret it as evidence of Dogecoin's ecosystem integration with Twitter.
Many additional users posted that Doge would serve as Twitter's official cryptocurrency. Read their tweets:
Images of the Doge candlestick chart were also circulated by certain cryptocurrency traders.
At 12:52 PM, Dogecoin was trading at $0.1452, up 23.48 percent. Its trading volume for the day was $7,041,252,942.