Dogecoin (DOGE / USD) is up about 20% up to $ 0.54 in a fast move, after Elon Musk, founder of Tesla and SpaceX, tweeted a survey asking if his company should accept this cryptocurrency as a means of payment. DOGE appears to have completed its consolidation.
DOGE was trading around $ 0.444 earlier in the day, which made the rally even more dramatic.
The celebrity appeared on Saturday Night Live and mentioned Doge in the opening monologue, offering him as a gift to his mother. However, when asked if this canine-themed Altcoin is a timo, Musk agreed. That resulted in a Double digit drop for DOGE / USD over the weekend. However, he later announced that his other company, SpaceX, would send a rocket to the moon called Doge-1. Doge recovered.
Other cryptocurrencies have also benefited from interest in Doge.
See: Shiba Inu Price Prediction: SHIB soars as Binance lists Dogecoin rival
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