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Dogecoin has paved the path for the current growth of the meme coin realm. The initial meme coin movement was triggered by DOGE, which was followed by other meme coins, including Shiba Inu. But Dogecoin really took off when Tesla CEO Elon Musk began embracing it and began tweeting about it. Since then, the price of DOGE has risen with each positive tweet from Musk. However, the bear market of 2022 had its repercussions on the whole cryptocurrency market, including Dogecoin . Read more: Cardano – ADA Drops Valentine’s Day Bomb with its New Upgrade It all flipped when Elon Musk bought Twitter. Dogecoin rallied over 100% after the acquisition of Twitter, hoping that Musk would integrate it into Twitter. Source: PYMNTS.com Can Elon Musk save Dogecoin? The anticipation of making Dogecoin a part of Twitter has been in the air ever since Musk-Twitter’s acquisition. But months down the line, there haven’t been any updates from Musk regarding DOGE. Is Musk waiting for a ...

Dogecoin (DOGE), the original memecoin, witnessed a 5.4% gain in the 24-hour charts. The popular canine-themed crypto slumped over the last few weeks. Before reaching a peak of $0.10 on December 5, DOGE was trading at about $0.08 on November 23. However, it is undergoing correction at press time. Source: Coingecko Moreover, Elon Musk’s announcement that he will step down as Twitter’s boss had additional effects on Dogecoin . Many were worried that the plan to incorporate DOGE into Twitter was off the table with Musk’s exit. However, there is no official word on this front. Why is Dogecoin rallying? DOGE’s latest 5.4% gain comes hot on the heels of a new exchange listing. Yesterday, the popular crypto exchange Bitstamp announced that its had listed the popular memecoin. New listings usually mean more investors have access to the token. The rally could be a reaction to Bitstamp’s inclusion of DOGE. We’ve listed $DOGE ( Dogecoin ) for our ...