Dogecoin price surges after tweets from Elon Musk and Mark Cuban
Dogecoin skyrocketed on Wednesday after receiving some celebrity endorsements on Twitter.
Dogecoin’s price has soared 20% in the last 24 hours to 32 cents, according to data from Coin Metrics. The meme-inspired cryptocurrency hit a record high above 45 cents earlier this month, sparking fears of a potential bubble in the crypto market.
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