Elon Musk's Tweet On Taking Dogecoin To Moon Prompts 29% Surge In Its Value

Cryptocurrency Dogecoin on April 1 reached a new high of $0.7 as it has spiked 29% since mid-February after Tech mogul Elon Musk tweeted to take it to "literal moon". Musk had tweeted, "SpaceX is going to put a literal Dogecoin on the literal Moon", helping the cryptocurrency to take off from its last $0.634. Earlier, in another instance, Dogecoin's value had increased 25% after Musk published a one-word tweet in February.