The price of dogecoin appears to be trending upwards after a tweet by Elon Musk.The Tesla CEO has a powerful impact on cryptocurrency prices, with his musings closely watched by investors.
Last week the price of bitcoin tanked after he announced that Tesla would no longer accept bitcoin as payment for vehicles and other products.
He cited environmental concerns about mining and trading for the move.
But Mr Musk is a fan of the “joke” bitcoin rival dogecoin.
A tweet this morning referred to Mr Musk…
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