Bitcoin and Ethereum flat, but Dogecoin steals the show
While popular meme coin Dogecoin took centre stage as billionaire and Tesla CEO Elon Musk’s acquisition of Twitter reached the endgame, Bitcoin was trading at roughly $ 20,500 on October 27, down marginally. Over the previous day, Dogecoin saw a 12 percent increase. Although he is being sued by a Dogecoin investor for allegedly running a pyramid scheme with the coin, Musk has been a significant backer of Dogecoin.
The increase in Dogecoin comes after the surge in Bitcoin on October 26 when it briefly reached the $ 21,000 level and hit its highest level in almost a month. Ethereum also traded at its monthly highs of around $ 1555 level, up 21 percent over the last week
