Dogecoin Price Prediction as Elon Musk Twitter Deal Nearly Complete – Can DOGE Go to $1?
Dogecoin is up 16% to trade at $0.0768 on Thursday as Elon Musk closes in on the Twitter acquisition deal expected on Friday. The largest meme coin, which boasts $10.56 billion in market capitalization, saw its volume burst to $2.26 billion as investors and traders beamed with hope for a potential rally to $1. Elon Musk Set to Close Twitter Deal on Friday The world's richest man, Elon Musk, has vowed to complete the acquisition of Twitter Inc. by Friday this week. According to Bloomberg, Musk revealed his plan in a video call with a team of bankers, aiming at fast-tracking the process. People familiar with the details of the conference call claim that a $13 billion debt financing facility has been gathered from selected banks. A credit agreement has been prepared and awaiting relevant signatures before the cash is wired to Musk. Twitter, Inc (TWTR) shares sprouted as investors reacted to the news and exchanged hands at $53.92, just a few cents short of Musk...