Elon Musk Tweet Does It Again
This tweet received a lot of positive feedback from the cryptocurrency community, especially from accounts with a Dogecoin theme.Something special coming soon — Elon Musk (@elonmusk)Based on Musk’s repeated references to this development in the past, many people, including the influencer David Gokhstein, anticipate that X will add DOGE – the largest meme coin – as a payment option. This anticipation arises from the fact that Elon Musk has previously made a number of very quiet signals that a similar action may be planned.
Dogecoin Rising At $0.08
When this article was being written, DOGE was , up 2.7% over the previous day. However, the meme coin really proved its worth on a weekly basis, rising in value by about 13% in response to Musk’s post.
Source:DOGE market cap currently at $11.8 billion on the weekly chart:
Price Boom Soon?
As enthusiasts and investors alike anticipate the potential effects of such a development, this notion has been spreading. The mere possibility of DOGE becoming a payment option for Tesla has sparked curiosity and led to upbeat predictions for the cryptocurrency’s future. If Elon Musk does truly integrate DOGE payments into his X app, Dogecoin will experience a solid increase in utility and acceptance, as well as a significant price boom.(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).
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