Dogecoin Surges 6% Amidst Elon Musk's Support and Ecosystem Updates
Dogecoin's (DOGE) price has experienced a significant increase of over 6% in the last 24 hours. This surge is attributed to positive investor sentiment and key ecosystem developments.
Tesla CEO Elon Musk's recent "Dogefather" post on social media has further fueled the memecoin's popularity, contributing to its recent price appreciation.
Additionally, Dogecoin's underlying ecosystem has witnessed several updates that may have influenced its performance.