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Dogecoin continues to rise after new Musk tweet

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Dogecoin (DOGE) has jumped again after a tweet d’Elon Musk including a photo of a shiba inu dog dressed in a Twitter T-shirt. For 7 days, the same corner earns more than 135%.

While the Dogecoin Price exploded at the end of last week following the Twitter takeover by Elon MuskThe rise of the American billionaire’s favorite token continued this morning.

At around 5 a.m., shortly after the publication of a tweet from Tesla’s CEO showing a shiba Inu – the dog breed used by Dogecoin as a logo – next to a pumpkin with a Twitter T-shirtToken price shot up more than 20% and exceeded. 0.1565 dollars. Its price, still up 17% in 24 hours, has fallen back to $0.1425.

price of dogecoin

Dogecoin price at 24 hours – Source: Coinmarketcap

Many investors believe that the digital currency DOGE could be integrated with Twitter following its acquisition. Musk has previously mentioned the possibility of bringing cryptocurrencies as a payment method to the social network.

Binance recently confirmed to have financially support Musk at the Twitter takeover. Its founder Changpeng Zhao indicated that he wanted to help bring the platform closer to the Web3.

The social network co-founded by pro-Bitcoin entrepreneur Jack Dorsey has already started its foray into the Web3 earlier this year, allowing you to send tips in BTC and ETH or display an NFT as a profile picture.

More features MUST FOLLOW. On Sunday, Twitter developers released a test version of a feature that makes use of non-fungible tokens in news feeds.

Shiba Inu (SHIB), another token that also features a Shiba Inu dog, also advanced this morning.

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