Dogecoin Pumps as Elon Musk Agrees to Buy Twitter
Musk and DOGE have a long history of appearing to be entangled. The richest man in the world has often had an impact on the meme token’s price
Elon aka Doge Father paid a visit to Twitter’s headquarters ahead of an end-of-week deadline to close his deal to buy the company, posting a video of himself in the company’s San Francisco lobby carrying a sink.
Could Twitter accept dogecoin?
Other businesses owned by Musk have accepted the meme token for payments in the past. Consumers can purchase Tesla products with DOGE. However, these tend to be more aesthetic items, like belt buckles and a “cyberwhistle”, rather than one of its statement cars. as Twitter is not a material product-focused business, it is difficult to forecast how the cryptocurrency could be incorporated if the deal completes. Its business model, like most social media apps, revolves around advertisement. however, documents were released in the lead up to the Musk v Twitter trial, before the entrepreneur’s U-turn. These were a collection of texts between Musk and other significant figures. elon has plan to fight twitter bots with Doge as well with new verification system
0.13 and 0.19 are next targets for doge