Dogecoin price surges by 50 per cent

Published: Feb. 6, 2021, 1:50 a.m.

Dogecoin price surges by 50 per cent after Tesla CEO Elon Musk calls it the people\u2019s crypto on Twitter\nTesla CEO Elon Musk\u2019s return on Twitter after a 46-hour break caused cryptocurrency Dogecoin to soar by 50 per cent on Thursday. Musk tweeted a meme image of himself as Rafiki from Disney\u2019s The Lion King and the Doge mascot as Simba with the tweet, "ur welcome."