Dogecoin surges after Elon Musk shares preview of Twitter 2.0 plans
Dogecoin investors continue to hope that Musk's vision for Twitter 2.0 will include some form of DOGE integration.
New
Billionaire entrepreneur Elon Musk has confirmed he intends to integrate payments into what he describes as Twitter 2.0 - "The Everything App" - fueling a short-lived $19 price spike, 4% for the meme-inspired cryptocurrency Dogecoin (DOGE).
Twitter's new CEO revealed his plans in a Nov. 27 tweet to his 119.2 million followers, in which he shared several slides from a recent "corporate Twitter conference."
p>Slides from my corporate speech on Twitter pic.twitter.com/8LLXrwylta
— Elon Musk (@elonmusk) November 27, 2022Although Musk made no mention of DOGE in the tweet or in the attached slides, that didn't seem to stop some investors from hoping that Dogecoin would be involved in some way.< /p>
Dogecoin payments? @elonmusk #doge pic.twitter.com/DVn93nfdeg
— Gail Alfar (@GailAlfarATX) November 27, 2022According to data from CoinGecko, the price of Dogecoin jumped 19.4% from $0.089 to $0.107 for several hours after the tweet, before dropping to $0.096 at the time of writing.
>Other plans listed as part of Musk's vision for Twitter 2.0 included "Advertising as Entertainment", "Video", "Encrypted DMs", "Long Tweets" and "Relaunch Blue Verified".
p>Data from the slides also suggests that Musk's takeover of the company has already had an impact, with the social media platform hitting record highs in "new user signups" and "active minutes users", which were up 86% and 30% respectively on...
Dogecoin investors continue to hope that Musk's vision for Twitter 2.0 will include some form of DOGE integration.
New
Billionaire entrepreneur Elon Musk has confirmed he intends to integrate payments into what he describes as Twitter 2.0 - "The Everything App" - fueling a short-lived $19 price spike, 4% for the meme-inspired cryptocurrency Dogecoin (DOGE).
Twitter's new CEO revealed his plans in a Nov. 27 tweet to his 119.2 million followers, in which he shared several slides from a recent "corporate Twitter conference."
p>Slides from my corporate speech on Twitter pic.twitter.com/8LLXrwylta
— Elon Musk (@elonmusk) November 27, 2022Although Musk made no mention of DOGE in the tweet or in the attached slides, that didn't seem to stop some investors from hoping that Dogecoin would be involved in some way.< /p>
Dogecoin payments? @elonmusk #doge pic.twitter.com/DVn93nfdeg
— Gail Alfar (@GailAlfarATX) November 27, 2022According to data from CoinGecko, the price of Dogecoin jumped 19.4% from $0.089 to $0.107 for several hours after the tweet, before dropping to $0.096 at the time of writing.
>Other plans listed as part of Musk's vision for Twitter 2.0 included "Advertising as Entertainment", "Video", "Encrypted DMs", "Long Tweets" and "Relaunch Blue Verified".
p>Data from the slides also suggests that Musk's takeover of the company has already had an impact, with the social media platform hitting record highs in "new user signups" and "active minutes users", which were up 86% and 30% respectively on...
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