Biggest Movers: DOGE up by Over 17% as Elon Musk Comments on Twitter Takeover

Dogecoin roseate by arsenic overmuch arsenic 17% connected Thursday, arsenic Tesla CEO Elon Musk moved person to completing a takeover of Twitter. Musk has been a nationalist protagonist of the meme coin successful caller years, with immoderate suggesting that it could beryllium added arsenic a outgo method connected the societal media platform. Cosmos besides traded higher, climbing by 8% today.

Dogecoin (DOGE)

Dogecoin (DOGE) was erstwhile again successful the greenish connected Thursday, arsenic the token roseate by arsenic overmuch arsenic 17% successful today’s session.

The surge successful terms comes arsenic semipermanent protagonist of the meme coin Elon Musk moved person to completing his takeover of Twitter.

In a connection released earlier today, Musk stated that “The crushed I acquired Twitter is due to the fact that it is important for the aboriginal of civilization.”

DOGE/USD – Daily Chart

DOGE/USD raced to an intraday highest of $0.08028 connected the news, which comes a time aft trading astatine a debased of $0.0668.

The meme coin is present trading astatine its highest constituent since August 17, with the comparative spot scale (RSI) besides tracking astatine semipermanent highs.

As of writing, the scale is tracking astatine 78.59, which is its strongest constituent since August 2021.

Cosmos (ATOM)

Another notable mover successful today’s league was cosmos (ATOM), which rallied by astir 8% connected Thursday.

Less than 24 hours aft hitting a debased of $12.19, ATOM/USD was precisely $1.00 higher successful today’s session.

Today’s surge saw cosmos ascent for a 3rd consecutive session, hitting a seventeen-day precocious successful the process.

ATOM/USD – Daily Chart

Looking astatine the chart, the RSI besides moved higher, climbing to a apical of 56.00, which is beneath a ceiling of 58.80.

This is the strongest constituent that terms spot has deed since September 19, with moving averages besides trending upwards.

Many expect a crossover betwixt the 10-day (red), and 25-day (blue) moving averages to hap successful the coming days, which could propulsion prices adjacent higher.

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What is the highest constituent you judge cosmos volition deed this week? Let america cognize your thoughts successful the comments.

Image Credits: Shutterstock, Pixabay, Wiki Commons, KLYONA / Shutterstock.com

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