Cryptos in trade on April 26, 2022 have been trading with remarkable gains during the session. The likes of Bitcoin and Ethereum are trading higher by4.75% and 5.82%, respectively as of writing this copy.
Of the 20 assets as compiled by Coindesk, all but US dollar denominated tokens trade in the green, with dogecoin spurting the most by over 24%. There is seen to be more upside in the meme-coin going ahead.
Importantly, one of the news that is fuelling gains in these digital tokens is the Elon Musk now being at the helm of the social media giant Twitter. Elon Musk has been a big influence in the crypto universe and time and again his commentary has directed crypto prices sharply.
Dogecoin is one of the obsessions of Elon Musk and if mere tweets would influence the price trajectory, his ownership of the social media site was to as is the case make the digital token climb sharply.
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Story first published: Tuesday, April 26, 2022, 21:19 [IST]