Dogecoin Spikes 2% After Elon Musk's Biography Reveals He 'Quietly Funded' DOGE
Portfolio Pulse from Mehab Qureshi
Dogecoin (CRYPTO: DOGE) surged by 3% amid anticipation of the upcoming biography of Tesla CEO Elon Musk, which reportedly reveals Musk's discreet financial contributions to the development of the meme coin. The book, authored by Walter Isaacson, is set to be published on September 12. It also discusses Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, and his unsuccessful attempt to secure a role as part of the investors for Twitter’s (now X) acquisition.
September 06, 2023 | 3:56 am
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Dogecoin experienced a 3% surge due to anticipation of Elon Musk's biography revealing his financial contributions to the coin's development.
The news of Elon Musk's financial contributions to Dogecoin, as revealed in his upcoming biography, has created a positive sentiment around the coin, leading to a 3% surge. Given Musk's influence in the crypto market, this news is highly relevant and important for Dogecoin investors.
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