
Dogecoin bulls are on track with double-digit price gains
the price of dogecointhe leading meme coin, surged about 12% within five hours.

The dog cryptocurrency has made some gains after peaking at $0.10516 on the Binance exchange.
According to data provided by coin ranking site CoinMarketCap, Dogecoin is currently the top 10 best performing cryptocurrency.
Dogecoin saw a double-digit price surge over the weekend after Tesla CEO Elon Musk suggested creating his own smartphone amid a feud with tech giant Apple. We saw this ridiculous idea as a potentially positive sign for future Dogecoin adoption.
As Reported by U.Todaythe price of the most popular memecoin lost its weekend gains on Monday, with profit-taking likely hampering new momentum for the memecoin.
Dogecoin experienced a surge shortly after Musk completed its acquisition of Twitter. However, it faded away relatively quickly, with the largest meme coin still down 85.74% from its lifetime peak.
As reported by U.Today, Dogecoin plummeted after Twitter reportedly scrapped plans to integrate cryptocurrency wallets.
Still, the price of the leading memecoin remains sensitive to Twitter-related news, as the market still believes DOGE may cease to be a significant part of social media platforms.