Dogecoin jumps 17%, outperforms bitcoin, as supporters count on Musk to make Twitter more ‘doge-friendly’

Dogecoin jumped more than 16% Monday following reports that said Twitter is poised to accept Elon Musk’s $43 billion bid.

Dogecoin jumped more than 17% Monday following several reports that said Twitter is poised to accept Elon Musk’s $43 billion bid, with the potential for the two parties to finalize a deal as soon as Monday.

Bitcoin... Dogecoin jumped more than 17% Monday following several reports that said Twitter is poised to accept Elon Musk’s $43 billion bid, with the potential for the two parties to finalize a deal as soon as Monday. Bitcoin BTCUSD was trading 0.02% lower from 24 hours ago to around $39,407. Ether ETHUSD was trading at around $2,928, up 0.1%, according to CoinDesk data.

Dogecoin supporters are hoping that Musk, the long-time backer for the Shiba Inu-themed token, could boost its usage after he takes over the social media platform.

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