Elon Musk Buying Twitter Rallies Dogecoin Price, Same As Shiba Inu Today

Immediately after the news about Elon Musk buying Twitter broke out, it increased not only Twitter's market value but also some of the cryptocurrencies that are associated with Musk. Dogecoin (DOGE) and Shiba Inu (SHIB) are some of the coins responding to the news. In fact, both coins have been increasing faster than the average market rate.

As of writing, Dogecoin was the biggest gainer in the top coins, with a 33% rise in the past 24 hours. The past 7 days also show that Dogecoin has increased by 73% as of this writing. This is a massive price growth for this coin, and the projection is that the coin will still do better this weekend and the next few days of the week.

Shiba Inu has also been doing pretty well during this time, partly because of the suspected association with Elon. As of writing, Shiba Inu had rallied 17% in the past 24 hours, making it the second fastest-growing coin in the top 20 coins after Dogecoin. The past 7 days have also seen Shiba Inu increase by 24%, which is an impressive price performance.

Why These Coins Are Responding To Musk Buying Twitter

Dogecoin and Shiba Inu are doing pretty well in the market because of the impact they might have if integrated with Twitter. Since Elon Musk publicly announced that he likes Dogecoin, he has been integrating it into some of his mega-companies, with Tesla being one of the big companies accepting DOGE payments.

If Twitter makes a similar move, then we are going to see these coins' prices explode due to their mass adoption. These are factors that are making Dogecoin and Shiba Inu do very well in the market today as a result of Elon Musk finally buying Twitter.

However, there are other crypto assets that crypto investors need to look at as well. Bitgert (BRISE) and Centcex (CENX) are two coins that are doing very well in the market.

Bitgert And Centcex Will Still Be Good Buys This Weekend

Bitgert (BRISE) and Centcex (CENX) are two crypto assets that investors need to check out today. These are coins that crypto investors believe will do pretty well in the next few weeks and even continue to outperform the likes of DOGE and SHIB.

The massive developments and the hype that Bitgert (BRISE) and Centcex (CENX) have created in the market are factors that make them stand out. Note that Bitgert and Centcex are two coins with their investors still in profit for 2022. Therefore, they are coins that crypto enthusiasts need to look at.