Cryptocurrencies: 6453 / Markets: 40928 Market Cap: 24h Vol:
Seeking Alpha
2021-05-14 11:42:03

Dogecoin races higher again after Elon Musk tweet

Dogecoin (DOGE-USD) pushes higher after Elon Musk is positive on the cryptocurrency once again. "Working with Doge devs to improve system transaction efficiency. Potentially promising," tweets Musk. Dogecoin is up 29.98% to $0.53 on 24-hour volume of $21.5B. The market cap of Dogecoin is just over $68B, which makes it more valuable than Moderna, MetLife and General Dynamics at the moment. Meanwhile, Tesla (TSLA) is up 2.88% on the day due largely to some investor optimism on a new battery supply deal in China. Some analysts think the cryptocurrency confusion from Musk and Tesla over the last week has weighed on the stock's valuation.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer