Dogecoin Price Spikes; Is It a Speculative Bubble?

On Wednesday, April 28, the digital currency market was abuzz when Dogecoin’s price skyrocketed by 20% within 24 hours, reaching 32 cents after a cryptic tweet from Tesla founder Elon Musk and billionaire Mark Cuban. The Tesla founder, who occasionally mentions crypto on his tweet, claimed himself as “The Dogefather” in his latest tweet along …

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