Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%.
Dogecoin (DOGE) was one of today’s only gainers, as the token was boosted by comments from Tesla and Twitter CEO Elon Musk.
Following a low of $0.0793 on Friday, DOGE/USD rose to a peak of $0.09399 earlier in today’s session.
This surge saw the token climb by as much as 6%, breaking out of a key resistance level of $0.08900 in the process.
Speaking in a Twitter Spaces conversation hosted by Mario