62% of Dogecoin hodlers in profit amid hopes of Twitter integration

Cointelegraph

Published Oct 30, 2022 10:02PM ET

Updated Oct 30, 2022 11:40PM ET

Tesla (NASDAQ:TSLA) CEO and billionaire Elon Musk’s acquisition of Twitter has tipped 62% of Dogecoin (DOGE) investors into profit, amid speculation that Musk’s Twitter-buy will be positive for the meme token.

DOGE’s price rallied on Oct. 26 when billionaire entrepreneur Elon Musk changed his Twitter bio to “Chief of Twit” — the same day he visited Twitter’s San Francisco-based headquarters before officially closing the deal as the new owner on Oct. 28.

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