Dogecoin (DOGE) rebounded in the short term and rose back above $0.1.
Elon Musk, known as the "father of Dogecoin," and his Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency Dogecoin and engaging in insider trading, causing billions of dollars in losses.
Accusations:
Winning:
After the good news came out, Dogecoin broke away from the short-selling trend and rebounded above $1 in the Asian market on Friday.
