Dogecoin Price Prediction – DOGE Has Given Up Some Gains, Weekend Pump Incoming?
Dogecoin price prediction remains bullish above the $0.1200 level, which is being extended by 38.2% Fibonacci retracements. Since Elon Musk acquired control of Twitter a month ago, Dogecoin has been one of the top-performing cryptocurrencies.
Dogecoin is up 116.3% against the dollar in the last two weeks, putting it in the eighth position of all cryptocurrencies on the market. On November 6, the DOGE/USD pair started the day at $0.1244, reaching a peak of $0.1257 and falling to a low of $0.1219.
Elon Musk's acquisition of Twitter, as well as indications that Dogecoin will be accepted as payment, has done wonders for the meme coin's valuation in the last week.
Musk's actions and statements have regularly influenced the price of the well-known meme currency. Tesla CEO and billionaire entrepreneur Elon Musk have been a vocal supporter of the token.
Employees at Twitter, on the other hand, have sued Elon Musk for failing to give them advance notice of planned mass layoffs. Elon Musk's decision to post 3,700 jobs on Twitter prompted a lawsuit against the social media platform.
According to the workers, the company is breaking federal and California laws by not providing adequate notice. Staff filed a class action lawsuit in federal court in San Francisco on November 3.
To ensure the safety of each employee, as well as Twitter systems and customer data, the company will temporarily lock down its offices and disable worker badge access, according to the company.
Employees claimed they were abruptly restricted to email and other communication tools such as Slack. They claimed that computers were remotely logged out and their data was erased.
Staff in London reported losing access overnight and being unable to log in on November 4. A
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