Why Dogecoin Is Up 8% Today

It is no secret that $Tesla(TSLA.US)$ Elon Musk has invested in Dogecoin. The Tesla and SpaceX magnate has publicly promoted his support of $Dogecoin(DOGE.CC)$ , and is said to hold a large quantity of the token. With Musk making big moves on purchasing the popular social media platform, $Twitter (Delisted)(TWTR.US)$ , many believe that Dogecoin could be heavily affected.
A coin with the popularity of DOGE might see an astronomical rise if it was given more utility.
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