Dogecoin (DOGE): Elon Musk promises the moon to his favorite cryptocurrency

Mon 05 Dec 2022 ▪ 1:00 p.m. ▪
min read – by

Will the Twitter 2.0 program – “The Everything App” recently unveiled by Elon Musk, marry with cryptocurrencies like Dogecoin? This question tormented the minds of enthusiasts since its publication on the official account of the multi-billionaire last Monday. Yesterday, he replied in the affirmative, with the addition of this leitmotif: Dogecoin to the moon “. The entire DOGE community is over the moon.

Elon Musk and his unconditional love of Dogecoin

Elon Musk ready to send Dogecoin to the moon

Ryan’s recap thread is accurate. Musk also said the new verified rollout would be in about a week. Separately, he said “dogecoin to the moon” when asked if Twitter would allow cryptocurrency payments after others cheered “dogecoin!” » “.

As you can see, this reporter Lora Kolodny tweet builds on New York Times reporter Ryan Mac’s post, which covered Elon Musk’s entire Twitter space. held on December 4.

Cointelegraphwhich covered the formalization of Twitter 2.0 plans by Musk, had nevertheless gone there with tweezers. The crypto-blockchain press was indeed content to specify that “ dogecoin investors continue to hope that Musk’s vision for Twitter 2.0 will include some form of DOGE integration “.

However, this news, although unofficial, is conducive to a rise in the memecoin. Thus, on November 28, the Dogecoin has already posted a jump of 19.4%.

Musk agrees to integrate DOGE into Twitter

U°Today, in his article released on December 4, did confirm that Elon Musk will authorize transactions with the DOGE on the social network at the blue bird. Without waiting, his favorite crypto rose 5% in just 24 hours.

At the time of writing this article, the DOGE price is pegged at $0.103986 on CoinGecko.

DOGE and Twitter, the perfect combo?

The opinions of crypto enthusiasts differ on the subject. In any case, the DOGE community firmly believes in it, since their cryptocurrency began to show increases of up to 40% as early as October 27, the day of takeover of Twitter by Musk.

Other personalities like Lior Yaffe, co-founder of Jelurida, and Daniel Elsawey, CEO of TideFi, however, do not approve of this mix. Yaffe has already announced that:

Even if they manage to build a payment system around Twitter, there are much better alternative blockchain solutions than Dogecoin when it comes to security, privacy, smart contracts, and scaling. »

The slides detailing Elon Musk’s new plans for Twitter

Elon Musk only has eyes for his Dogecoin at the moment. Certainly, he places his trust in ethereum and bitcoinbut Doge is by far the most transaction-friendly cryptocurrency, he insists.

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Dogecoin (DOGE): Elon Musk promises the moon to his favorite cryptocurrency

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