4/1, 12:53 PM (Source: TeleTrader)
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Dogecoin surges over 20% after Musk tweet

Cryptocurrency Dogecoin surged over 20% on Thursday after Elon Musk tweeted that his aerospace company SpaceX would put "a literal" Dogecoin on the moon.

"SpaceX is going to put a literal Dogecoin on the literal moon," Musk wrote, sending the popular digital currency rocketing after two days of losses.

Dogecoin rallied 20.45% to $0.064767 at 7:01 am ET.

Breaking the News / JC