The Dogecoin price is up almost 9% today as Elon Musk's Twitter acquisition is back on the table. Will Dogecoin recover to its 2021 highs though?
Latest Elon Musk SEC Filing
A letter sent to Twitter's lawyers from 'the Musk parties' on the sec.gov website states:
Gentlemen: On behalf of X Holdings I, Inc., X Holdings II, Inc. and Elon R. Musk (the “Musk Parties”), we write to notify you that the Musk Parties intend to proceed to closing of the transaction contemplated by the April 25, 2022 Merger Agreement.
Twitter shares have also pumped on the news, more so than DOGE - could cryptocurrency be lagging behind stocks, and the DOGE price be set to rise higher?
The Twitter share price closed the Tuesday session up 22%, at $52.05. Elon Musk is set to buy Twitter at $54.20 per share, for $44 billion.
Twitter Investor Relations (@TwitterIR) has today confirmed the deal:
Dogecoin Price Prediction
Dogecoin now is trading at around $0.065, having hit an intraday high of just over $0.066 at...
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