FILE PHOTO: Representations of the virtual currency Dogecoin are seen in this illustration taken June 16, 2021. REUTERS/Dado Ruvic
SINGAPORE: It’s no joke. Elon Musk’s acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame.
Dogecoin’s price doubled after the Tesla tycoon completed the US$44bil (RM208.47bil) deal. It was trading at about seven US cents (33 sen) on Oct 27 before Musk tweeted “the bird is freed” to announce his ownership.
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