Dogecoin payments on Twitter? Here’s what Elon Musk is alluding to

Just a few days ago, the richest man on the planet took possession of Twitter. With the acquisition of the social network, Musk decided to change the company’s top management positions. Dismissal of CEO Parag Agrawal and two others senior officials as well as engineers and those responsible for terms and conditions.

Among the changes made is the renaming of one’s account from user to the Twitter complaints hotline operator..

The purchase had a positive impact on the price of Dogecoin which began to increase even before it went into effect.

Elon Musk Effect

We have seen several times how the comments by Elon Musk through the platform Have an impact on the price of cryptocurrencies.especially the favored ones.

After the purchase for which he paid $44 million, his power on Twitter goes far beyond mere comments.

For those who follow Elon Musk closely, it would come as no surprise that integrates Dogecoin into TwitterEspecially not after the responses to his latest tweet.

It is to be expected that

Stonks Trading account bristled at a post in which Musk said, “Twitter speaks to everyone’s inner masochist“. For ask him if he is working with his developers on a Doge payment system or a Doge solution for Twitter.:

“Have you worked on a Doge solution for Twitter or worked with developers on a Doge payment system on Twitter?“

Elon Musk limited himself to. respond with the eye icon. This response can be understood in several ways, however it suggests that yes is more likely than no.

Conclusions

The Tweet had a huge impact among his followers. A clear example is investor Luke Martin who immediately tweeted:

“Wow. is this the first official $DOGE integration tweet on Twitter by @elonmusk since he took office? It will absolutely explode if he does….“.

Musk has other plans to set in motion. In addition to wanting to take Twitter to another level, he wants to turn the social network into a blockchain-based platform on which the tweets must be paid for with dogeas well as retweets, for example. This is what emerged from a conversation between Musk and Sam Bankman-Fried about Twitter’s next steps.

Dogecoin price

The price of Dogecoin has been rising rapidly. Only in the last week its price increased by 120%.which, compared to the rest of the market, is a very encouraging increase.

At the time of publication, the price is $0.13. Despite the super price increase, it is still far from surpassing the highest price reached so far on May 8, 2021, at $0.736.