Long bets on Dogecoin go up by 6%- Musk’s ‘McDoge’ stance responsible?

Dogecoin’s price spiked unexpectedly soon after Elon Musk’s 25 January tweet. Traders remained optimistic despite potential short-term selling pressure. On the morning of 29 January, Dogecoin was trending on Twitter. In fact, there was even a spike in its social volume metric. Now, you may wonder, what exactly was the reason behind it. Well, reportedly, […]