Musk's Return Sparks Dogecoin Rally to $0.1
Elon Musk's recent activity on social media has drawn attention to Dogecoin once again, with the cryptocurrency testing the $0.1 price level.
The Tesla and SpaceX CEO reacted to an archived screenshot of his profile from the NFT boom with 'lol,' which some interpreted as a Dogecoin post.
Dogecoin was trading at $0.098 on Saturday, having reached a high of $0.10 earlier in the day.
The bulls have been trying to push Dogecoin past ten cents, but so far, they've been unable to surpass this level.