Dogecoin Rallies 7% Amidst Renewed Musk-Twitter Deal
Elon Musk’s Twitter deal is back on the table. Just a day back, the social media giant confirmed that it received Elon Musk’s $44 billion offer, as he intends to wind up the acquisition at $54.20 per share. Read More: Elon Musk Proposes to Buy Twitter for $54.20 a Share JUST IN: Twitter confirms they received Elon Musk 's $44 billion offer and intends to close the acquisition deal at $54.20 per share. — Watcher.Guru (@WatcherGuru) October 4, 2022 While top coins have mostly posed 1-2% recoveries over the past day, DOGE is up by 7% in the same timeframe. The community has touted the said gesture to be Dogecoin ’s validation of Musk’s deal. With a market cap of $8.5 billion at press time, the largest meme token conveniently stood at #10 on the rankings chart, ahead of MATIC [$7.2 billion M.Cap] by a fair margin. Weighing in the ongoing Dogecoin trends A recent tweet by Santiment brought to light that whale transaction count (>100k)...