Dogecoin is the first cryptocurrency that paved the path for the current growth of the meme coin realm. But, Dogecoin took off when Starlink/Tesla CEO Elon Musk began promoting the crypto and tweeting about it. This made the price of DOGE soar with every tweet from Musk.
Dogecoin doubled its market price by over 100% after the acquisition of Twitter, with people hoping that Musk would integrate it into Twitter. Musk has also not been quite as vocal about his plans to integrate Dogecoin into Twitter after the acquisition
The Doge logo change has drawn mixed reactions from Twitter users. Some find the swap entertaining and in line with Musk's sense of humor. However, others are questioning whether the platform has been hacked or if this is a belated April Fool's prank.
Musk started touting Dogecoin years ago. He periodically tweets about the token, which was created as a joke in 2013, predictably causing volatility each time
Tesla announced in In December 2021 that it would accept dogecoin for some merchandise. Dogecoin rose more than 20% following that tweet. In January 2022, Musk announced on Twitter that dogecoin payments were live, and the meme cryptocurrency jumped as much as 15%.
Tesla accepts digital assets as methods of payment and this includes Bitcoin and dogecoin as payment for some merchandise.
Dogecoin doubled its market price by over 100% after the acquisition of Twitter, with people hoping that Musk would integrate it into Twitter. Musk has also not been quite as vocal about his plans to integrate Dogecoin into Twitter after the acquisition
The Doge logo change has drawn mixed reactions from Twitter users. Some find the swap entertaining and in line with Musk's sense of humor. However, others are questioning whether the platform has been hacked or if this is a belated April Fool's prank.
Musk started touting Dogecoin years ago. He periodically tweets about the token, which was created as a joke in 2013, predictably causing volatility each time
Tesla announced in In December 2021 that it would accept dogecoin for some merchandise. Dogecoin rose more than 20% following that tweet. In January 2022, Musk announced on Twitter that dogecoin payments were live, and the meme cryptocurrency jumped as much as 15%.
Tesla accepts digital assets as methods of payment and this includes Bitcoin and dogecoin as payment for some merchandise.
