Twitter Owner Elon Musk's Shiba Inu Tweet Makes Dogecoin Gain 22% in Just 4 Hours

Twitter owner and CEO Elon Musk tweeted a picture of a Shiba Inu on Nov. 1, sending DOGE into a 22% rally in just 4 hours. The meme coin has had a phenomenal week because of Musk’s acquisition of Twitter, with the token up by nearly 160% over the past week.