Dogecoin (DOGE) price has experienced a slight upward movement, bringing hope to its supporters amidst a tumultuous period for the cryptocurrency market. Earlier today, the meme-inspired digital currency has risen by 6%.

This latest surge in Dogecoin price albeit small may be partially attributed to the continued support of billionaire tech entrepreneur Elon Musk, who has been a vocal advocate of the cryptocurrency in recent months. 

(By Christian Encila)