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Once again, Elon Musk, CEO of Tesla Inc., caused a significant surge in Dogecoins valuation with a single tweet, reports Fortune.

The Power of a Tweet: Musk, known for his fondness for memes and dogs, on Wednesday, tweeted a meme featuring the cartoon character Scooby-Doo with the caption Doges ftw [for the win].

This led to a rapid increase in the value of Dogecoin DOGE/USD , a cryptocurrency based on the Doge meme. In just 15 minutes, the market capitalization of Dogecoin rose by 3% (about $320 million) from $9.64 billion to $9.96 billion.

Musks Influence on Dogecoin: This is not the first time Musks tweets have significantly impacted the value of Dogecoin. In February, he created $500 million bump in valuation for the coin with a picture of his dog. In April, he changed Twitters logo to the Doge meme, causing a more than 20% increase in the cryptocurrencys value.

Musk has often publicly expressed his fondness for Dogecoin, stating at a conference in May that it is his favorite cryptocurrency because it has the best humor and it has dogs.

See Also: Elon Musk Drops Clues About Teslas Potential Partnership With Major Automaker To License Self-Driving Technology

Legal Implications: However, Musks influence over Dogecoin has also led to legal issues. A group of Dogecoin investors filed a class action lawsuit demanding $258 billion in damages from Musk, alleging that his tweets and comments about the token amount to market manipulation.

Musks lawyers have dismissed the suit as a fanciful work of fiction over his innocuous and often silly tweets.

Read Next: Ron DeSantis Dodges Question On Whether He Would Sign Nationwide Abortion Ban

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Sports

Manning returns as Texas holds off Vanderbilt

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Manning returns as Texas holds off Vanderbilt

AUSTIN, Texas — Texas quarterback Arch Manning returned from a concussion a week earlier to pass for 328 yards and three touchdowns, including a 75-yard connection with Ryan Wingo on the first play of the game, to lead the No. 20 Longhorns over No. 9 Vanderbilt 34-31 on Saturday.

Texas led 34-10 in the fourth quarter before Vanderbilt staged a desperate rally behind quarterback Diego Pavia‘s touchdown run, 67-yard scoring pass to Eli Stowers and a final TD toss to Richie Hoskins with 33 seconds left.

The Vanderbilt rally ended when the Commodores’ onside kick bounced through several players and eventually rolled out of bounds.

Manning had been injured in Texas’ overtime win over Mississippi State and spent the week in concussion protocol. By Friday night, he had been removed from the team’s injury report to the Southeastern Conference and started against the Commodores.

Against Vanderbilt, Manning went 25-of-33. Quintrevion Wisner rushed 18 times for 75 yards and a score, and Wingo had two receptions for 89 yards for Texas (7-2, 4-1 SEC).

His first throw of the game was a short toss to Wingo, who broke two tackles and was off on a sprint to the end zone. Manning also connected with C.J. Baxter as Texas built a 24-3 lead in the first half.

Manning took a hard hit on his third touchdown pass, this one to Emmett Mosely V, but popped right up and celebrated with his teammates.

Pavia struggled to get the Commodores (7-2, 3-2) going until late against a Texas defense that sacked him six times and limited his ability to run over the first three quarters.

Texas has plenty to like about Manning & Co. right now. After starting the season No. 1, the Longhorns were 3-2 by early October and unranked. A four-game win streak with a victory over a top-10 opponent keeps the Longhorns among the SEC leaders and within sight of a possible third consecutive berth in the College Football Playoff.

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Sports

Iowa St. TE Brahmer hospitalized after big hit

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Iowa St. TE Brahmer hospitalized after big hit

Iowa State tight end Benjamin Brahmer was carted off the field and taken to a local hospital after sustaining a hit to his head/neck in the fourth quarter against Arizona State.

Brahmer, a junior from Pierce, Nebraska, was on one knee after the hit from Arizona State’s Keith Abney II. He briefly got to his feet and began walking before collapsing to the turf. Iowa State’s athletic training staff immediately summoned for the medical cart. Brahmer briefly flashed a thumbs-up on his way off the field, and was taken to Mary Greeley Medical Center in Ames as a precaution, an Iowa State spokesman told ESPN.

Brahmer earned honorable mention All-Big 12 honors in each of his first two seasons with the Cyclones, and he had 29 receptions for 319 yards and three touchdowns entering Saturday’s game. He had three receptions for 48 yards and a touchdown in the ASU game.

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Politics

Digital euro CBDC is ‘symbol of trust in our common destiny’ — ECB head

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<div>Digital euro CBDC is 'symbol of trust in our common destiny' — ECB head</div>

<div>Digital euro CBDC is 'symbol of trust in our common destiny' — ECB head</div>

The comments from European Central Bank head Christine Lagarde drew overwhelming backlash from the crypto community and political influencers.

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