Dogecoin jumped over 100% in a week as Elon Musk finally bought Twitter

DOGE’s price went up after the billionaire changed his Twitter bio to “Chief of Twit” on October 26. The deal was officially closed two days later. Surpassing smart contract platforms Cardano and Solana, Dogecoin became the 8th largest cryptocurrency in the world with a $16.3 billion market cap.