The growth chart of the Dogecoin (DOGE) asset value records a daily rise of 9.7%. The jump is connected with the news about the purchase of the social network by Elon Musk.
The asset is currently trading at $0.085. DOGE has not been close to these marks since mid-August. The growth in value is accompanied by a surge in trading volume.
The weekly chart fixes a rise in price of the meme-cryptocurrency by 43.1%. In terms of growth in a day and seven days, DOGE overtook all assets from the top 10 in terms of capitalization. The beginning of the growth of the Dogecoin asset began on October 27 after Musk published video of a visit to Twitter headquarters.
Later, Musk posted a tweet with the phrase “Let the good times come.” In response, the former head of MicroStrategy and bitcoin maximalist Michael Saylor noted that Twitter should not restrict freedom of speech.