Elon Musk Buys Twitter for $44Billion, Dogecoin Pumps

Elon Musk, CEO of electric car company Tesla, has once again disrupted the digital landscape by becoming the sole owner of Twitter.

Twitter has announced that it has accepted Musk's $44 billion acquisition deal.

With his support for cryptocurrencies, especially Dogecoin, Musk's offer has led the price of his preferred canine-themed cryptocurrency to soar.

HOWEVER, the DOGE cryptocurrency isn't the only one to see such an increase.

Elon BUYS TWITTER joke currency recently saw a 7000 percent jump in popularity.

The meme coin appeared out of nowhere, but many individuals seeking a quick-profit scheme are suddenly interested.

According to CoinMarketCap, the meme coin has a current market volume of $7,098,349,081 and ranks number 10.

However, as CoinQuora has previously said, meme coins like ELON BUYS TWITTER should be approached with care by investors and traders alike.

Creators of meme coins can take advantage of other investors with several of these meme coins in their arsenal.