© Reuters
Investing.com – The cryptocurrency is instantly up over 68% and the rally is down 50% at the time of writing.
It increased by more than 12%, after its increase exceeded 28%.
The increase comes against the backdrop of Elon Musk’s purchase of Twitter and plans to start rolling out new systems that support it.
Tesla (NASDAQ 🙂 has started accepting Dogecoin as payment for electric cars, and Elon Musk has launched a brand that can be purchased with Dogecoin.
Reuters reports that Binance has invested $ 500 million in Musk’s purchase of Twitter and said it is reviewing strategies that blockchain and cryptocurrency can help improve the Twitter environment.
Twitter has begun exploring new ways to integrate blockchain technology under former CEO Jack Dorsey.
