Twitter Logo Replaced With DOGE! Is the Dogecoin Payment Coming Next?

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Dogecoin, a cryptocurrency that started as a joke, saw its value surge by over 30% after Twitter changed its logo to the Dogecoin symbol. The value of Dogecoin rose to $0.43 per coin, making it one of the most significant rallies in recent times. 

Twitter’s choice to adopt the dogecoin dogecoin Cryptocurrencies icon as its logo can be traced back to elon musk elon musk founder, ceo at tesla, spacex Elon Musk is an enthusiastic cryptocurrency believer, quivering the crypto world through his sparkling tweets. He has a complex relationship with cryptocurrencies. His tweets solely are responsible for the crypto volatility. Musk splendidly purchased $1.5 billion in the king of cryptocurrency. He was born on June 28, 1971, and is based in Pretoria, South Africa. His mother is Maye musk and his father is Errol musk, he is a South African electromechanical engineer, pilot, sailor, consultant, and property developer.   He graduated from the University of Pennsylvania, earning a bachelor's degree in Arts and physics, and the Wharton School, earning a bachelor's degree in science, and economics. Musk was honored by Axel Springer Award, an annual award given to remarkable personalities who are extremely innovative, build new markets and change markets, shape culture, and confront their social responsibility.   In 1995, Elon Musk and Greg Kouri founded a web software company called ZIP2. The company developed and marketed an Internet city guide for the newspaper publishing industry, with maps, directions, and yellow pages.X.com and PayPal: in 1999, he co-founded X.com  which is an online financial service and email payment company. Space X: on 14, March 2002 he founded space x company which provides space transportation services.   On July 1, 2003, he founded TESLA. Tesla is an electrical vehicle and clean energy company which designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and so on. His other activities involve SolarCity and Tesla Energy, Neuralink, the boring company, Managerial style and treatment of employee Hyperloop, openAI music, and ventures. Etc. he made $165 by selling PayPal to eBay. And was first listed on the Forbes Billionaires List in 2002, with a total net worth of $2 Billion. NAsales@teslamotors.com EntrepreneurInvestorChief Executive Officer . Musk posted a photo of a Shiba Inu dog—the breed that inspired the Doge meme—on Twitter with the word “Doge” and a link to an article discussing Dogecoin’s potential as a currency. 

Elon Musk shocked the cryptocurrency community by posting a screenshot of his conversation with the WSB Chairman on Twitter, in which they discussed the possibility of developing a competitor to Twitter before the latter’s takeover. It was proposed by WSB that they “simply acquire Twitter” and replace the bird emblem with a bitcoin symbol. As promised, Musk tweeted after Twitter adopted the Dogecoin icon as its logo.

Twitter users have expressed diverse opinions regarding the recent change in the Doge logo. While some view it as a humorous and fitting move consistent with Elon Musk’s style, others are raising doubts about the legitimacy of the platform, speculating if it has been hacked or if this is a delayed April Fool’s Day prank.

Also read: Will Dogecoin Go to the Moon With Elon Musk’s Fresh Attempt?

Is DOGE Payments The Next Big Surprise ?

Elon Musk is now offering a “paid” blue tick verification service for Twitter users, which means people can pay to have their accounts verified with a blue tick. The service costs $8 per month for individuals and $1,000 for organizations. Some people are wondering if Twitter will allow payment with Dogecoin, given that Musk is a big fan of the cryptocurrency. Although Twitter has not confirmed anything yet, there is a chance that they might consider it since Musk has spoken highly of Dogecoin in the past.

DOGE Price Analysis

Dogecoin increased rapidly by 33% in less than three hours. Right now, the price of Dogecoin is having a hard time staying above a certain price level of $0.0987. This means that some people who bought at lower prices might be selling their coins now to take some profits.

It’s normal to see a small decrease in price after a big increase like the one Dogecoin experienced. So, we might see the price drop to either $0.0925 or even $0.0825 before it starts to go up again.

This caused a lot of people to trade Dogecoin, with a trading volume of $3.54 billion in 24 hours, which is the highest it has been in the last three months. LunarCrush predicts that based on similar surges in the past, DOGE Price could increase by an average of 18.4% in the next week.