Dogecoin surges 25% after Elon Musk tweets about it
Dogecoin, a meme-inspired cryptocurrency, increased by about 25% in value after Elon Musk, the second richest man in the world tweeted about it. "One word: Doge" was his tweet, which was followed by Musk changing his Twitter bio to "Former CEO of Dogecoin" as a joke. Musk tweeted about Dogecoin in July too, which sent its value up 14% then.