.Dogecoin joins altcoin rise today in a rare bullish surge
The Dogecoin price hardly moves significantly like this unless it isby Twitter CEO Elon Musk. As a meme coin, many have considered the cryptocurrency to be somewhat of a pump-and-dump token, and as such, its core followers anticipate a major tweet from the billionaire investor in order to stack up on the coin.
This month of April has been a statement month for Dogecoin as the cryptocurrency's logo, the Shiba Inu mascot, wasas Twitter's logo for a few days, giving the meme coin its most vocal publicity since its inception. The price of the cryptocurrency surged following the move; however, the current upshoot cannot be attributed to it.
Notably, Dogecoin's growth is devoid of any direct input from the billionaire investor, even if we may be inclined to accept that the growth is a cumulative effect of the shoutouts it has received thus far.Dogecoin and the bigger, better push For Dogecoin, charting its own ambitious growth curve remains one of the core goals that longer-term HODLers are anticipating. A short-term price run fueled by random tweets or memes shared by Musk is unsustainable, and growth such as that printed today account for one of the ways DOGE can pare off the losses it has accrued over the past year.
Dogecoin is now hinging its future price growth on the more valuable utility that Twitter and its core developers are
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