Dogecoin (CRYPTO: DOGE) surged almost 12% higher at one point during Thursday’s 24-hour trading session but was smacked down about 5% off the high-of-day, which caused the crypto to fall under the 200-day simple moving average (SMA).
In The News: Sentiment in Dogecoin is turning bullish following news Tesla CEO Elon Musk’s deal to purchase Twitter Inc (NYSE:TWTR) will close Friday. Musk, who is a Dogecoin bull, has hinted at making Dogecoin the default currency for a potential Twitter wallet.
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