Elon Musk, the proclaimed Dogefather, took to Twitter and again fueled the rally in Dogecoin through his tweet. The mercurial technocrat ignited the meme coin as his company Tesla was eyeing to make some merchandise buyable with Dogecoins and see the work in progress over it. A tweet from the Tesla boss skyrocketed the price of Dogecoin. The largest meme token zoomed 22 per cent in a jiffy to $0.195 from $0.156. However, it pared some gains after a few minutes of the tweet.
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