The price of dogecoin has bene doing very well lately, and it has increased by 20% over the last day. This is a major increase in the price. Crypto analysts are speculation that this could be because of a simple tweet made by Elon Musk. .Musk has 40 million followers, and posted a single word (Doge). This could have prompted his followers to invest in the coin, therefore driving the price up. This clearly shows the influence that these figures have on the crypto world.