Dogecoin sees its best weekly performance in months DOGE $DOGE DogeFam Dogecoinrise Dogecointothemoon
on the network are on the rise. The price of Dogecoin saw a significant rally following news of Elon Musk's Twitter acquisition. Musk has always promoted Dogecoin's adoption and utility, even cheering its more recent core updates. He also added support for Dogecoin payments for Tesla merchandise and businesses linked to him. Dogecoin reached an all-time high of $0.76 in May 2021, just before Musk's appearance on"Saturday Night Live.
Cardano founder, Charles Hoskinson, spoke along these lines in a tweet:"Now that Twitter is in the hands of Elon Musk, I can see a real possibility that DOGE will somehow merge with the platform."
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