$DOGE continued its dramatic late October surge while $BTC and $ETH slumped, and other major cryptos were mixed. JPRubin23, GWilliamsJr_CMT and _jocelynyang_ report
was recently up 8% to continue its late October surge. The popular meme coin, which was created to mock the speculative nature of cryptocurrencies, spiked late last week as billionaire entrepreneur and
advocate Elon Musk neared the completion of his $44 billion purchase of Twitter. Over the past four days Musk has asserted his control over the social media platform. On Monday, he ousted Twitter’s nine-person board., ’s price fluctuations seem to stem from the power of Musk’s personality and a passionate dogecoin community than the macroeconomic indicators that have been influencing bitcoin, ether and other major cryptos for months.
’s rise may correlate with excessive liquidations and a likely short squeeze, and the token may offer a shorting opportunity, Williams wrote.spent Monday in the red and was recently down about 1.3% over the past 24 hours, although the largest cryptocurrency by market value remained comfortably over the $20,000 perch it assumed last week. Ether was up similarly over the same period and was changing hands above the $1,500 level that the second-largest crypto assumed a week ago.
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