Dogecoin Jumps 35% As Elon Musk Finalizes Twitter Buyout

Dogecoin once again proved its strong ties with self-proclaimed “Dogefather” Elon Musk who highlighted his Twitter takeover on Thursday evening with reports of him firing key officials of the social media giant.

Still riding the momentum of the bullish run that the crypto market experienced just days ago, DOGE capitalized on the Musk-related development as it surged by 15% in just 24 hours. It also increased by 10% shortly after the billionaire changed his Twitter bio to “Chief of Twit,” and tweeted, “the bird is freed.”

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