In the midst of a sluggish week for meme coins, Dogecoin DOGE/USD , Shiba Inu SHIB/USD , and Floki FLOKI/USD on Thursday witnessed an uptick of over 2%.
What Happened: This rise countered the downward trend experienced by meme coins in the past seven days. DOGE experienced a decline of 6%, while SHIB saw a drop of over 10%, and FLOKI faced a decrease of more than 13%.
However, the price saw a brief jump in the past 24 hours after Elon Musk tweeted on Wednesday that X (formerly Twitter) is a dog & Doge friendly place! This response was prompted by a message from his mother, Maye Musk. Musks ambitious vision for X involves transforming the platform into a multifaceted service, incorporating various features, including payment capabilities.
See More: A Stay At The Floating Palace From James Bond's Octopussy
Why It Matters: Musks tweet added to the already buzzworthy relationship between the entrepreneur and Dogecoin. Often referring to himself as the Dogefather and the Dogecoin CEO, Musks actions and statements have significantly raised the profile of the meme coin within both pop culture and the financial world.
In a move back in April, Musk surprised many by temporarily changing Twitters name to X and replacing its iconic blue bird logo with the image of the Dogecoin Shiba Inu dog. During that period, this action caused DOGE to surge by over 20%.
Price Action: At the time of writing, DOGE was trading at $0.0639, up 1.99% in the last 24 hours, according to Benzinga Pro.
Read Next: Bitcoin, Ethereum, Dogecoin Rise In Sync With Stock Markets: Analyst Warns ETH Coming Home Before Touching All-Time Highs
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A pilot has died after a private jet owned by Motley Crue frontman Vince Neil crashed into another plane at an airport in Arizona.
Neil was not on board at the time of the collision, which happened off the runway at Scottsdale Airport on Monday afternoon.
Neil’s girlfriend Rain Andreani and her friend suffered injuries which are not thought to be life-threatening.
They were taken to hospital with the jet’s co-pilot, who was also injured.
Image: Emergency responders work on Vince Neil’s plane after the collision. Pic: AP
“While details are still emerging, our hearts go out to the families of both the pilot who lost his life and the passengers who suffered injuries,” Motley Crue said in a statement.
“Motley Crue will announce a way to help support the family of the deceased pilot – stand by for an announcement very soon”.
Rain Andreani broke five ribs in the crash and the dogs the women were travelling with survived, TMZ reports.
Donald Trump says the Gaza ceasefire should be cancelled if all remaining Israeli hostages are not returned by noon on Saturday – as he warned Hamas that “all hell is going to break out”.
The US president’s intervention came hours after Hamas has said it will delay the release of more hostages and accused Israel of violating their ceasefire deal.
While signing a series of new executive orders, Mr Trump said he feared many Israeli hostages scheduled for release are already dead.
Referring to his Saturday deadline for the release of hostages, Mr Trump said: “If they’re not here, all hell is going to break out.”
He acknowledged that a decision to end the ceasefire was up to Israel, adding: “I’m speaking for myself. Israel can override it.”
Hours earlier, Mr Trump said Palestinians would not have the right to return under his plan for US “ownership” of Gaza – contradicting officials in his administration who said they would be relocated temporarily.
Image: Widespread destruction seen in Gaza City. Pic: AP
Hamas halts release of hostages
Earlier on Monday, Hamas claimed ceasefire violations had included “delaying the return of the displaced to the northern Gaza Strip, and targeting them with shelling and gunfire”.
Spokesman Abu Obeida said Hamas remained committed if Israel kept to the terms, but that the 15 February handover was postponed “until the occupation commits to and compensates for the past weeks”.
Egyptian security sources told Reuters that mediators now fear the deal will break down.
They said Hamas believes Israel isn’t serious about the ceasefire – which began on 19 January.
They were among about 250 people taken during the 7 October 2023 attack, when 1,200 people were murdered.
Please use Chrome browser for a more accessible video player
1:16
Tears as Thai hostages return home
Five swaps have taken place so far, with 21 hostages and more than 730 Palestinian prisoners released.
Saturday’s exchange was due to involve three more Israelis and hundreds of Palestinians.
Defence minister Israel Katz said any delay in releasing hostages would be “a complete violation” and he had instructed troops to be on highest alert.
The Hostages and Missing Family Forum called on mediating countries to restore the deal, saying “time is of the essence” and citing “the shocking conditions of the hostages released last Saturday”.
The four-mile-long Netzarim corridor separates northern Gaza from the south, and hundreds of thousands of displaced Palestinians have now crossed back over.
However, Israel pushed back the withdrawal by a few days in protest at the chaotic release of hostages Arbel Yehud and Gadi Moses.
This may be what Hamas is referencing what it talks of “delaying the return of the displaced”.
Please use Chrome browser for a more accessible video player
1:03
Palestinians return to destroyed Netzarim
There have also been examples of Israeli troops shooting at or near Palestinians approaching Israeli forces after being warned to stay back.
So far, little progress has been made on an extension to the first six-week phase of the ceasefire.
A delegation from Israel has arrived in Qatar for further talks amid concern the deal might collapse before all remaining hostages are freed.
Israel has previously said it will not agree to a complete withdrawal from Gaza until Hamas’s military and political capabilities are eliminated.
Hamas has countered that it will not hand over the final hostages until Israel removes all its troops from Gaza.
Donald Trump says the Gaza ceasefire should be cancelled if all remaining Israeli hostages are not returned by noon on Saturday – as he warned Hamas that “all hell is going to break out”.
The US president’s intervention came hours after Hamas has said it will delay the release of more hostages and accused Israel of violating their ceasefire deal.
While signing a series of new executive orders, Mr Trump said he feared many Israeli hostages scheduled for release are already dead.
Referring to his Saturday deadline for the release of hostages, Mr Trump said: “If they’re not here, all hell is going to break out.”
He acknowledged that a decision to end the ceasefire was up to Israel, adding: “I’m speaking for myself. Israel can override it.”
Hours earlier, Mr Trump said Palestinians would not have the right to return under his plan for US “ownership” of Gaza – contradicting officials in his administration who said they would be relocated temporarily.
Image: Widespread destruction seen in Gaza City. Pic: AP
Hamas halts release of hostages
Earlier on Monday, Hamas claimed ceasefire violations had included “delaying the return of the displaced to the northern Gaza Strip, and targeting them with shelling and gunfire”.
Spokesman Abu Obeida said Hamas remained committed if Israel kept to the terms, but that the 15 February handover was postponed “until the occupation commits to and compensates for the past weeks”.
Egyptian security sources told Reuters that mediators now fear the deal will break down.
They said Hamas believes Israel isn’t serious about the ceasefire – which began on 19 January.
They were among about 250 people taken during the 7 October 2023 attack, when 1,200 people were murdered.
Please use Chrome browser for a more accessible video player
1:16
Tears as Thai hostages return home
Five swaps have taken place so far, with 21 hostages and more than 730 Palestinian prisoners released.
Saturday’s exchange was due to involve three more Israelis and hundreds of Palestinians.
Defence minister Israel Katz said any delay in releasing hostages would be “a complete violation” and he had instructed troops to be on highest alert.
The Hostages and Missing Family Forum called on mediating countries to restore the deal, saying “time is of the essence” and citing “the shocking conditions of the hostages released last Saturday”.
The four-mile-long Netzarim corridor separates northern Gaza from the south, and hundreds of thousands of displaced Palestinians have now crossed back over.
However, Israel pushed back the withdrawal by a few days in protest at the chaotic release of hostages Arbel Yehud and Gadi Moses.
This may be what Hamas is referencing what it talks of “delaying the return of the displaced”.
Please use Chrome browser for a more accessible video player
1:03
Palestinians return to destroyed Netzarim
There have also been examples of Israeli troops shooting at or near Palestinians approaching Israeli forces after being warned to stay back.
So far, little progress has been made on an extension to the first six-week phase of the ceasefire.
A delegation from Israel has arrived in Qatar for further talks amid concern the deal might collapse before all remaining hostages are freed.
Israel has previously said it will not agree to a complete withdrawal from Gaza until Hamas’s military and political capabilities are eliminated.
Hamas has countered that it will not hand over the final hostages until Israel removes all its troops from Gaza.