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Dogecoin price jumps 40% on Elon Musk, Twitter’s crypto wallet rumors By Cointelegraph


Dogecoin price jumps 40% on Elon Musk, Twitter’s crypto wallet rumors

Dogecoin’s (DOGE) price rallied to its best levels in two months as traders assessed Twitter’s potential to create a cryptocurrency wallet product.

DOGE’s price jumped to $0.081 on Oct. 27. Two days after Jane Manchun Wong (a popular tech blogger) claimed that Twitter is developing a prototype wallet that allows cryptocurrency withdrawals and deposits, DOGE’s price jumped by 40%.

Daily price chart. Source: TradingView
Chart of the DOGE/USD 3-day price. Source: TradingView