Dogecoin Jumps Back Into Top 10 After Musk Buying Twitter News

With the crypto market on a bearish trend, Dogecoin lost its spot as one of the top coins slipping to 14th rank on CoinMarketCap. However, it quickly rose back into 10th place after the news break today that Elon Musk is buying Twitter. DOGE was out of the top 10 cryptos for a long but today’s rise has put the coin back into the top 10 cryptos by market cap. DODE pumped on the news that Elon Musk was taking Twitter private. There has been a 20% increase in the price of DOGE today after the news. Twitter is set to accept Musk’s $43 billion offer. Related Reading | Specialists Expect Bitcoin Back To $65K By End Of Year, Survey Finds Elon Musk Behind The Rise In Dogecoin Price DOGE has been steadily rising since it hit a low at $0.1239 this Monday, climbing up to around 20% higher. At the time of writing, the price per coin is $0.158. The DOGE market cap has also seen an impressive rise to $20.96 billion, putting the crypto in the top 10. As of right now, Dogecoin is worth only half of what it was worth one year ago. The overall crypto market cap has also seen a fall of 2.79% early today, reaching $1.79 trillion. But as the DOGE started rising, other coins like Bitcoin and Ethereum also saw a significant increase. So now, the total crypto market cap stands at $1.82 trillion with a 1.78% rise. What’s going on? DOGE’s price has been trending steadily down for the last three months. The coin was relatively sta...