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Dogecoin (DOGE) rises as Elon Musk prepares to comprehensive the Twitter acquisition

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The selling price of Dogecoin (DOGE) rose sixteen% following Elon Musk was reported to have visited Twitter’s San Francisco headquarters.

Dogecoin (DOGE) rises as Elon Musk prepares to comprehensive the Twitter acquisition

On the morning of October 27, billionaire Elon Musk posted a video displaying that he had visited the headquarters of the social network Twitter in San Francisco (USA), holding a washbasin.

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Entering Twitter HQ: Let It Sink! pic.twitter.com/D68z4K2wq7

– Elon Musk (@elonmusk) October 26, 2022

Mr Musk has also modified his Twitter profile description to “Twit boss”. To observe Bloombergthe billionaire also previously announced to his help banking institutions that he would shut the deal to acquire Twitter for $ 44 billion on Friday (Oct. 28).

This is thought of the finish of the controversy in excess of the Musk-Twitter romance. In April, Tesla’s CEO created an provide to acquire one hundred% of the social network for $ 44 billion to make it personal yet again. However, in July, Musk yet again announced the cancellation of the deal due to Twitter’s allegations of withholding data. After getting sued by Twitter, America’s richest billionaire modified his thoughts in early October.

The selling price of Dogecoin (DOGE), the cryptocurrency typically promoted by Musk and accepted by Tesla as a payment strategy, jumped sixteen% on information that Musk was closing the Twitter app.

4H chart of the DOGE / USDT pair on Binance at seven:25 am on October 27, 2022

Synthetic currency 68

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