Crypto Hotshots 2022 🔥♨️

Twitter Instagram Facebook Facebook Linkedin Youtube Spotify Medium Reddit Telegram
Voice of Crypto
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
    • Sponsored
    • Global Crypto Events
  • Services
    • Content Marketing Services
    • Crypto Influencer Marketing
    • Advertise With Us
  • Know Us
    • About Us
    • VOC Team
    • VOC Vigilantes
    • Brands Who Trust Us
    • Contact Us
Reading: Will Elon Musk Integrate Dogecoin (DOGE) Transactions for Twitter?
Share
  • bitcoinBitcoin(BTC)$28,458.00
  • ethereumEthereum(ETH)$1,826.23
  • tetherTether(USDT)$1.00
  • binancecoinBNB(BNB)$314.92
  • usd-coinUSD Coin(USDC)$1.00
  • rippleXRP(XRP)$0.50
  • cardanoCardano(ADA)$0.391138
  • staked-etherLido Staked Ether(STETH)$1,818.96
  • dogecoinDogecoin(DOGE)$0.077122
  • matic-networkPolygon(MATIC)$1.11
  • Events
  • Videos
  • Podcast
Voice of CryptoVoice of Crypto
Aa
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
  • Services
  • Know Us
Search
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
    • Sponsored
    • Global Crypto Events
  • Services
    • Content Marketing Services
    • Crypto Influencer Marketing
    • Advertise With Us
  • Know Us
    • About Us
    • VOC Team
    • VOC Vigilantes
    • Brands Who Trust Us
    • Contact Us
Follow US
Copyright © 2023 Voice of Crypto. All Rights Reserved
Voice of Crypto > News > Will Elon Musk Integrate Dogecoin (DOGE) Transactions for Twitter?
News

Will Elon Musk Integrate Dogecoin (DOGE) Transactions for Twitter?

Adekunle Joshua
Last updated: 2023/03/14 at 11:18 AM
Adekunle Joshua Published November 3, 2022 March 14, 2023
Share
VOC, Voice of Crypto, DOGE, MUSK, Twitter

Key Insights

  • Over the last two years, Musk has been recognized as one of Dogecoin’s biggest proponents and promoters. 
  • Dogecoin has performed extraordinarily well over the last few weeks and has almost doubled in price. 

Tesla/SpaceX CEO and businessman Elon Musk is once again standing in support of Dogecoin.

Contents
Key InsightsMusk Fuels Dogecoin’s Price Action

Just last month, the “dogefather” acquired one of the biggest social media platforms in the world, Twitter. Musk purchased it for $44 billion, and the buzz around it remains very much alive.

Over the last two years, Musk has been recognized as one of the biggest proponents of Dogecoin. Following his recent acquisition of the social media giant, some of that buzz has spilled over onto DOGE.

Dogecoin has performed extraordinarily well over the last few weeks and has almost doubled in price. Some of this bullishness on the cryptocurrency is due to the speculation (fueled by Musk himself) that this new owner of Twitter will somehow integrate DOGE as a payment system into the platform.

Musk Fuels Dogecoin’s Price Action

Among other cryptocurrencies, Musk has long supported DOGE in particular.

The new self-described “Twitter Complaint Hotline Operator” is well known for tweeting memes and bullish messages on DOGE.

Recently, Musk tweeted a picture of a Shiba Inu Dog (the Dogecoin logo) wearing a Twitter shirt and sitting beside a jack-o lantern.

😉 pic.twitter.com/eaIYaDRBnu

— Elon Musk (@elonmusk) November 1, 2022

After the tweet, Dogecoin spiked from $0.125 to $0.157 over 24 hours in the inter-day trading charts.

As expected, investors rushed to take profits on the cryptocurrency, leading to a short-term price rejection and a drop to the $0.12914 zone where it now sits.

So far, Dogecoin is not the only memecoin to benefit from this bullishness.

Over the last 7 days, several other memecoins, including Shiba Inu, have charged higher. Dogelon Mars, a lesser known memecoin, gained almost 80% in seven days, and Shiba Inu gained 55% over the same period.

There is a good chance Dogecoin’s bullish rally might get started. The meme coin sector could be in for another breakout year.

It remains to see how Musk is just getting started in his involvement as the owner of Twitter and is actively dropping hints about integrating a crypto wallet (featuring Dogecoin) into the social media platform.

 

Disclaimer: Voice of crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.

You Might Also Like

Why Elon Musk Called for a Pause on AI Development

10 Top Crypto Airdrops for April 2023

SEC Head Gensler Seeks $2.4B to Fight Crypto Corruption

MetaMask Issues Warning on Fake Airdrop Rumors

Doge & Shiba Inu Rally as New Price Targets Emerge

TAGGED: Dogecoin, Shiba Inu
Share this Article
Facebook Twitter Email Copy Link Print
Previous Article KuCoin-Exchange-Review-2022 KuCoin Exchange Review 2022
Next Article VOC, Voice of Crypto, Crypto, Bitcoin, BTC Crypto Market Follows Bearish Streak After Fed Rate Hike
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Binance

Follow US

Find US on Socials
Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Subscribe to our Newsletter

Get Newest Articles Instantly!

Ledger
Popular News
Web3 Shorthand
Web3 Shorthand: A Glossary for Crypto Newbies
Elon Musk AI Crypto
Why Elon Musk Called for a Pause on AI Development
Quick-Tips-To-Avoiding-A-Fake-Crypto-Wallet
Quick Tips To Avoiding A Fake Crypto Wallet

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Instagram Facebook Facebook Linkedin Youtube Spotify Medium Reddit Telegram
Voice of Crypto

Voice Of Crypto hits a beat with almost 15 million users, churning out the best news and content in the Web3, crypto and blockchain space

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

  • Advertise With Us
  • About Us
  • Privacy Policy

Copyright © 2023 Voice of Crypto. All Rights Reserved

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?