Elon Musk Admits to Boosting Dogecoin’s Value with a Tweet

On February 22, the CEO of Twitter, Tesla, and SpaceX, Elon Musk, made a short post on Twitter about a dog that significantly increased the value of the meme cryptocurrency, Dogecoin. Within half an hour of Musk's tweet, the value of DOGE rose by 7%, and there was a weekly increase of almost 2%. ...