With Musk's arrival at Twitter, DOGE's market value is back above $10 billion

DOGE saw an increase in trading volume on Oct. 28, after Bloomberg reported that Elon Musk will take ownership of Twitter this week, according to BlockBeats. Santiment, an encrypted data tracking platform, disclosed that 462 large transactions involving a total of 1.18 billion DOGE have taken place recently. Since Musk posted a video of his visit to Twitter's headquarters on social media, DOGE's price has risen more than 20%, bringing its market capitalization back above $10 billion. At the time of Posting, DOGE was quoted at $0.074915, giving it a total market capitalization of $10,240,926,726. It ranks 10th on the cryptocurrency market capitalization list.