First Time After Twitter Deal, Elon Musk Hints of DOGE Coming to The Platform

Well well, Elon Musk has spilled the beans and has hinted about Dogecoin (DOGE) coming to the Twitter platform very soon. In his recent tweet, Elon Musk shared a pic of the Shiba Inu dog breed wearing a Twitter t-shirt. Thus, this fuels the ongoing speculation that he could soon bring DOGE payments to his newly acquired social media platform.

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— Elon Musk (@elonmusk) November 1, 2022

This is the first time after the Twitter deal, that Elon Musk has publicly spoken about his favorite memecoin DOGE. The tweet has done enough to shoot the DOGE price once again. As of press time, DOGE is trading 15.68% up at a price of $0.13 with an $18.3 billion market cap.

On a weekly chart, DOGE trades at more than 125% gains. Since the rally on the weekend, the social interest in the cryptocurrency has spiked considerably. As on-chain data provider Santiment reports:

Dogecoin is still +9% over the past 24 hours, despite most of #crypto declining into the negatives after a big weekend. Social dominance has been the primary indicator, as crowd hype spikes have created local tops, and crowd fear foreshadowed bottoms.

Courtesy: Santiment

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