Summary
- The surge in Dogecoin was reported to be due to the news of Elon Musk's apology.
- Dogecoin was said to have risen 7.1% over the last 24 hours on the Binance USDT market.
- It was reported that Musk's remarks are an example of how virtual asset prices such as Dogecoin can be influenced.
Tesla CEO Elon Musk has expressed his apologies to former U.S. President Donald Trump. Dogecoin (DOGE) also surged sharply on the news.
On the 10th (local time), Elon Musk, Tesla CEO, through X (formerly Twitter), stated, "Some of the posts I made about President Trump last week may have gone too far," adding, "I regret that."
Previously, Musk and Trump had engaged in a public dispute through social media services (SNS).
Following Musk's apology, Dogecoin soared. As of 4:23 PM, Dogecoin is trading at $0.20429 on the Binance USDT market, up 7.1% from 24 hours earlier.
Son Min
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