• Elon Musk recently tweeted that it will cost 3 Dogecoins to visit the Twitter headquarters, causing the DOGE price to surge.
• The Dogecoin (DOGE) community is optimistic that one day Elon Musk will allow DOGE payments on the platform.
• Billionaire Elon Musk has been a vocal supporter of Dogecoin for years now and his own electric carmaker Tesla owns a good quantity of Bitcoins on its balance sheet.
Elon Musk’s Tweet Causes Dogecoin Price To Surge
Billionaire Elon Musk’s recent tweet of demand 3 Dogecoins for visiting the Twitter headquarters sent the DOGE price soaring. This was enough to let the Dogecoin (DOGE) price shoot up by more than 4% earlier today as it is trading 3.27% up at a price of $0.07886 and a market cap of $10.4 billion.
Dogecoin Community Optimistic Of Integration Into Twitter
The Dogecoin (DOGE) community is optimistic that one day Elon Musk will allow DOGE payments on the platform under current regulatory scenario makes it kind of unlikely though. Ever since his acquisition of Twitter, Elon Musk has been putting huge attention to the social media company in streamlining operations at Twitter and working hard to make sure its algorithms are working as intended and no malicious actors get away with manipulating public opinion using automated bots or other means.
Elon Musks History With Crypto
Billionaire Elon Musk has been a crypto supporter in general and has voiced his support for Bitcoin and Dogecoin in the past. In fact, his own electric carmaker Tesla owns a good quantity of Bitcoins on its balance sheet and also allowed its merch sales in Dogecoin at one point. He had sparked off a huge optimism within the Dogecoin community leading to a major bull rally for DOGE back in 2021 when he took over Twitter last year in October 2022 .
Doge Leading Among Memecoins
Memecoin DOGE was one of the top performers in 2021 bull run and since then it has been occupying a spot among top ten cryptocurrencies by market cap, constantly leading other memecoins like Shiba Inu coin (SHIB), Akita Inu (AKITA), etc., which have seen immense popularity lately due to their meme-based origin stories but fail to deliver when compared with robustness offered by DOGE blockchain network .
Will Twitter Integrate Doge?
It remains yet be seen if twitter will decide integrate doge into its platform or not, given regulatory pressures around cryptocurrency payments from governments around world . However , there’s no denying that with elon musk’s backing doge could become popular payment option soon if things go right..