According to analysts, as of November 1, 2022, the price of the Dogecoin (DOGE) meme-token exceeded $0.15 for the first time since April of this year. In 24 hours, asset quotes increased by 26%. The value of all issued Dogecoin coins approached the level of $20 billion.

After the DOGE coin, BNB has the highest rate. Its price rose by 6.3%.

Experts noted that the Dogecoin meme-coin began to grow on October 27th. The growth spurt is attributed to the acquisition of Twitter by Elon Musk.

It is worth noting that Musk is actively promoting the DOGE cryptocurrency. Earlier, he said that Tesla will continue to sell goods for DOGE and SpaceX will follow suit soon.

Previously, news appeared with a note that Elon Musk was promoting Dogecoin through a TV show.