dogecoin (DOGE)

Defying weak broader markets, Dogecoin continues rallying over 50% from lows as speculation around Elon Musk’s Twitter plans and favor for DOGE spurs bullish momentum.

Elon Musk’s meme tweet referencing Dogecoin generated hundreds of thousands of dollars for the cryptocurrency out of thin air.

The attorney for Dogecoin investors suing Elon Musk alleges the billionaire’s lawyers are exploiting his vast wealth to bankroll questionable delay tactics and drain plaintiffs in the high-profile lawsuit accusing Musk of manipulating crypto prices through tweets.

The lead developer of Shiba Inu (SHIB) has hinted at the future roadmap of the DOGE rival, increasing excitement among investors for the meme coin’s future.

Recent strength displayed by Dogecoin has shown signs of waning, potentially signaling an imminent bearish reversal despite initial trading above the bearish zone.

Pepecoin experiences a 100% rally, leading to speculation that it could become a genuine competitor to Dogecoin, with advantages such as its native integration with Ethereum and a fixed supply of 420.69 trillion.

Tamadoge is the best-performing big meme coin today, up 19% to $0.0176 after revealing that its first game, Super Doge, will be released this week.

Tamadoge presently features five games in beta testing on its Games Arcade, setting it apart from the run-of-the-mill meme coins that lack utility.

With numerous high-profile users pledging to stop using the service after the controversial billionaire acquired it, the Musk Twitter era is off to a bumpy start. The new Twitter administration has started along the path to becoming a payment processor thus far unfazed.

A top bid of 2.12 ETH, or 112% more than the starting price of 1 ETH, has been received for one extremely rare Tamadoge NFT.