Elon Musk has once again given a boost to the price of Dogecoin. At 08:35 am CET, he tweeted "Doge" in the comments below one of his Twitter posts. Over the next half hour, the price of the cryptocurrency has soared 45% from $0.04 to $0.058. As of 12:09 a.m. CET, the price of Dogecoin is $0.0526 (+60.96%).
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Dogecoin reached new all-time highs above $0.08 last week. Since then, the price of the coin has undergone a slight correction, however, it is still several times higher than the previous all-time high.
At the same time, the mention of Bitcoin posted last week by Musk on his Twitter profile has disappeared. On February 2, Musk said he plans to stop using Twitter for a while.