Just after hours of Elon Musk taking over Twitter, the price of Dogecoin has seen a rise.

In the past 24 hours, the crypto gained at least 15 per cent in value.

In 24 hours the Dogecoin saw a rise from a low of Rs 6.32 to a high of Rs 7.6.

While the market is still fluctuating, the coin is now being seen as a potential investment on a low budget.

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Dogecoin or DOGE is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer.

The currency was created as a “joke”, making fun of the wild speculation in cryptocurrencies at the time.

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The Doge is considered to be the first meme coin or the first dog coin.

However, in the past few hours, it saw a potential rise in value and it has been rumoured that the coin may also be a payment method on Twitter.

However, it is advised to look into the trends and market before jumping into conclusion or purchasing any form of Cryptocurrencies.

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