Cryptocurrency Dogecoin surged more than 50% on Thursday after billionaire entrepreneur Elon Musk tweeted his support for it, two days after he said he was to take a break from Twitter "for a while".
Dogecoin jumped to $0.
05798 according to data on blockchain and cryptocurrency website Coindesk. Musk first tweeted "Doge" and immediately followed it up with "Dogecoin is the people's crypto".
The Tesla chief's tweets about certain companies and cryptocurrencies have sent their prices soaring in.....