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Dogecoin Soars 94% in Last Week After Elon Musk Buys Twitter

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Popular meme coin Dogecoin managed to escape the crypto winter after Elon Musk supposedly let Twitter out of its cage.

Following the world's richest man's acquisition of the social media juggernaut, the coin had a protracted surge, briefly doubling in value to 14 cents per Doge earlier this week. As of this writing, it is worth 11 cents, up 94% from the previous week, according to CoinGecko.

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