All ‘speculation’ whether crypto is valuable to society: Bob Doll
Former Nuveen chief equity strategist Bob Doll argues that it’s too soon to tell whether cryptocurrencies are valuable to society.
Dogecoin has been given a boost after Elon Musk issued his latest tweet on the meme token Thursday morning.
"How much is that Doge in the window?" Musk asked on Twitter Thursday, along with a photo featuring a Shina Ibu, the Doge meme's symbol, on a $1 bill sticker attached to a laptop. The photo also features the word "Cyberviking" in neon lights.
BITCOIN PRICE STABILIZES FOLLOWING CRYPTO PLUNGE
Musk's tweet has brought the price of the joke currency up about 50% in the last 24 hours to 42 cents per coin as of Thursday morning, according to prices tracked by Coindesk, just one day after a massive cryptocurrency sell-off sent Dogecoin plummeting.
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