Dogecoin And Floki Among Biggest Memecoin Gainers Amid Elon Musk's Interview With Trump
Portfolio Pulse from Aniket Verma
Dogecoin and Floki saw significant gains following an interview between Elon Musk and Donald Trump on Musk's social network X. Dogecoin rose by 2.43% with a 33% increase in trading volume, while Floki increased by 2.58% with a 20% rise in volume. The broader cryptocurrency market also saw gains, with the global market cap rising by 1.71%.
August 13, 2024 | 5:31 am
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Tesla, led by Elon Musk, saw an indirect impact as Dogecoin and Floki surged following Musk's interview with Donald Trump. The association of these memecoins with Musk continues to drive their price movements.
The price movements of Dogecoin and Floki are often influenced by Elon Musk's actions and endorsements. As the CEO of Tesla, Musk's activities can indirectly affect Tesla's stock price due to his influence on the market.
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