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Benzinga
Benzinga
Business
Melanie Schaffer

Dogecoin Bulls And Bears Enter Fierce Battle After Elon Musk Hodls

Dogecoin Elon Musk Nasdaq NYSE

Dogecoin (CRYPTO: DOGE) spiked almost 10% higher just after midnight on Sunday after Tesla, Inc (NASDAQ:TSLA) CEO Elon Musk said on Twitter Inc (NYSE:TWTR) he had no plans to sell his stake in the Shiba Inu-themed crypto, nor his position in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

The surge was short lived and by Monday midafternoon Dogecoin was trading flat to Sunday’s 24-hour closing price.

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