Buy $GGsDogecoin (DOGE) On The Rise With Elon Musk Twitter Ad Revenue Initiative
Dogecoin Twitter news: Twitter head Elon Musk said Twitter will start sharing ad revenue with creators starting today. The initiative is applicable for advertisements that appear in creators’ reply threads. This is yet another initiative from the Tesla CEO, who had been planning to improve the revenue model for the social media platform. The latest initiative is also indirectly linked to the crypto market as there has been long time speculation of Twitter introducing Dogecoin (DOGE) based payments.
Also Read: Shiba Inu Price Decouples; 5 Trillion SHIB Moved; What’s Happening?
Twitter’s Creator Ad Revenue Model
The memecoin is Musk’s favorite cryptocurrency and his comments on the potential of Dogecoin are widely known. It remains to be seen how the creators ad revenue model would play out in terms of making payments in DOGE. To be able to qualify for the revenue sharing, creators must be subscribed to Twitter’s Blue Verified program, Musk said on Friday. Tesla is already accepting DOGE based payments for its merchandise, a move that gave great confidence to the Dogecoin community.
Starting today, Twitter will share ad revenue with creators for ads that appear in their reply threads
— Elon Musk (@elonmusk) February 3, 2023
With the news, Dogecoin price went up from trading at a negative to gaining by 0.5% in the space of minutes. As of writing, DOGE price stands at $0.09299, down by 0.67% in the last 24 hours, according to CoinGape price tracker. On the other side, the DOGE community is hopeful that Twitter would at some point in the next few months introduce crypto based payments. Not just that, Musk had already given subtle hints about plans to introduce DOGE payments on Twitter.
In the recent times, it was also speculated that Twitter would also launch a wallet that supports crypto deposit and withdrawal. The micro blogging site is also said to be working on the NFT Tweet Tiles feature.
Also Read: What January US Jobs News Means For Bitcoin (BTC) Price In Coming Months?
Play 10,000+ Casino Games at BC Game with Ease
- Instant Deposits And Withdrawals
- Crypto Casino And Sports Betting
- Exclusive Bonuses And Rewards
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- CFTC Chief Mike Selig Signals US Crypto Perpetual Futures Rollout in Coming Weeks
- Fed Rate Cut Odds Drop as Inflation Fears Rise Due To U.S. Iran Conflict
- Here’s Why Tether Gold (XAUt) Price Is Falling Even With Growing Gold Demand
- XRP News: Ripple Expands Payments Platform To Unify Fiat and Stablecoins Globally
- U.S.–Iran War: Bitcoin Price Extends Decline as Oil Prices Surge To Two-Year High
- Gold Price Prediction March 2026: Rally, Crash, or Record Highs?
- RIOT Stock Prediction as Needham, Piper Sandler Slash Target After Earnings
- Cardano Price Outlook As Charles Hoskinson Warns Over CLARITY Act
- Circle Stock Price Climbs 15% to $96, Can Rally Continue in March 2026?
- Bitcoin Price Prediction as US-Iran War Enters 4th Consecutive Day
- Top 5 Historical Reasons Dogecoin Price Is Not Rising
