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Dogecoin Sees Brief Rally After Elon Musk Tweets 'Baby Doge'

Elon Musk's tweets continue to have an outsize impact on the cryptocurrency market, as speculators raised the value of Dogecoin, which has been in a tailspin, after the Tesla CEO tweeted. A spinoff called Baby Doge saw its value go up by 120 percent after Musk's joke tweet.

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