Dogecoin price soars more than 100% to new record after Elon Musk tweets
CNN
For the second time this week, Dogecoin has hit a milestone. And this time around, it may be thanks to Elon Musk.
The virtual currency, which features the face of a Shiba Inu dog as its logo, soared more than 100% to hit an all-time high of $0.298 Friday morning, according to cryptocurrency news and data provider Coindesk. This comes just two days after it had surpassed ten cents in value for the first time as investors geared up for the direct listing of cryptocurrency exchange Coinbase Global. The latest boost comes after Tesla (TSLA) CEO Elon Musk, Dogecoin's most important fan, said "Doge Barking at the moon" in a tweet. He also shared a photo of a painting by Spanish artist Joan Miró, which is titled "Dog Barking at the Moon."
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