NewsletterDid Dogecoin Price Spike Over “Twitter Coin” Tip?
Dogecoin (DOGE), the world’s largest meme cryptocurrency price just spiked suddenly amid the ongoing rumors of Twitter launching a “Twitter Coin”. However, as soon as Elon Musk took over the social media company, it was expected that his favorite meme crypto will be integrated in one way or another.
Dogecoin Price to soar ahead?
As per data, Dogecoin price jumped by over 6% in reaction to the rumored “Twitter Coin”. However, its price is up by 13% over the past 7 days. At 2:10 PM (IST) DOGE was trading at an average price of $0.104. However, its price spiked to trade at $0.1106 at 2:20 PM (IST).
Dogecoin is trading at an average price of $0.107, at the press time. Its 24 hour trading volume is up by 16% to stand at $923 million.
Coingape reported that Twitter is developing a monetization tool. Application researchers Jane Manchun Wong and Nima Owji tweaked the “Coins” and the hidden section “Tip”. This a big news regarding Elon Musk’s favorite crypto Dogecoin as always brings it up for implementation.
A good time for Doge holders?
However, it is still unclear whether the social media giant will opt for Dogecoin or another crypto as tips. Jane Manchun Wong also mentioned that there is no indication in the code which directs that it is related to the DOGE.
Earlier, Billy Markus, Dogecoin creator shared his issues over banned accounts tweeting about memes. To this Elon Musk replied that its team was a bit too intense over the spam suspensions. However, they are now moving to chill mode.
However, the Open AI bot ChatGPT has praised Dogecoin and said that it is a force to reckon with. It mentioned that DOGE is a “valuable” and “legitimate” asset.
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.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Avalanche, Crypto Associations Held Key Meeting with US SEC Crypto Task Force
- Tidal Trust Files For ‘Bitcoin AfterDark ETF’, Could Off-Hours Trading Boost Returns?
- OCC Confirms That Banks Can Facilitate No-Risk Crypto Transactions
- Bitcoin, Ethereum, XRP, Solana Rally Ahead of Fed Rate-Cut Decision
- Bitwise Multi-Crypto ETF Featuring Bitcoin, Ethereum, XRP, Solana, Cardano Goes Live
- HYPE Price Drops 7% as $2.2M Shift and 10M Token Unlocks Stir Fear — What’s Next?
- Ethereum Price Breaks $3,390: What’s Driving 10% Surge?
- Shiba Inu Price Surges as Whale Transfers Hit Highest Levels Since June
- Bitcoin Price Alarming Patterns Point to a Dive to $80k After FOMC Decision
- Pi Network Price Could Surge to 15%, But Watch Out for This
- Cardano Price Prediction – Analyst Eyes 56% Rally as Taker Buy Dominance Strengthens
