Elon Musk sparks Baby Doge frenzy, but is the hype short-lived?

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Elon Musk sparks Baby Doge frenzy, but is the hype short-lived?
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Baby Doge shines as bullish interest returns, pushing its price up by over 80% in the last 24 hours. But will this rally prevail?

just rocketed onto the list of the top gainers in the last 24 hours. This was courtesy of a robust uptick that saw it push to a 10-month high, but the reason for this bullish performance is quite interesting.

The memecoin previously attempted a rally in November, which was shot down, resulting in it giving up its previous gains. It also kicked off December with slow momentum. It rallied by slightly over 82% in the last 24 hours, suggesting that it was still capable of commanding bullish attention.by Tesla head, Elon Musk. For the uninitiated, the market has a history of rallying around his social media posts.

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