BlocksInform
Popular meme coin dogecoin (DOGE) was up nearly 16% over the past 24 hours as billionaire Elon Musk's purchase of Twitter approached the finish line.
The Tesla founder's $44 million deal is supposed to close Friday.
Musk has been a major supporter of DOGE, which has become a proxy for sentiment about him. The entrepreneur's statements about the token have also consistently influenced its price.
Read more: Dogecoin Jumps on Elon Musk SpaceX Tweet
