Dogecoin spiked following the recent tweet of Elon Musk, sharing the image of the doge wearing a Twitter shirt. It is worth noting that Dogecoin is up by 16%.
Recall that before the date slated by the court for finalizing Elon Musk’s deal on Twitter, the Billionaire was captured on his Twitter handle carrying a sink and heading to the Twitter headquarters.
It is worth noting that Elon has already shown interest in monetizing and compensating content creators on Twitter.
Dogecoin To Be Added As Compensating Method On Twitter following Elon Musk’s Acceptance
It is thoughtful enough that if Twitter starts compensating the creators, there is every tendency for the social media platform will add cryptocurrency to its list of supported payment methods.
In this regard, having Dogecoin added as a method to compensate content creators, would surely be a big boost for the world’s top meme coin. Notably, Twitter added a BTC tippling feature in September last year and ETH tippling in Feb 2022.
It is worth noting that Elon Musk is now Twitter CEO, thus making it easier for him to support DOGE across various Twitter features. Being Twitter boss Elon can also enable doge payments for Twitter Blue.
Having Elon Musk as the current Twitter CEO, Dogecoin will have its status change as the current CEO has been a strong proponent of the coin. For instance, Elon Musk recently added Dogecoin as a payment method for Tesla, SpaceX, Boring Company, and Burnt Hair perfume.