- Elon Musk, CEO of Tesla and SpaceX, has recommended Dogecoin (DOGE), a meme coin, a payment mode for Twitter Blue subscription facility.
- Recently, Elon Musk bought 9.2% of shares of Twitter, making him the biggest shareholder among others. He pledged to make Twitter better.
- As this article was written, Dogecoin (DOGE) was trading at the market value of $0.1471, down by 1.24% in previous 24 hours.
Doge For Twitter
Influencer, and CEO of Tesla and SpaceX, is constructively involved with Twitter users following probable improvements to it since he acquired 9.2% of stakes in the organization and pledged to make prominent improvements to the platform.
Among the notions which remains a hot topic for debate on Twitter concerns authentication check mark. Elon Musk said that $3 should be the price for everyone who is signing up for Twitter Blue to get a blue checkmark.
Responding to a user asking for a reduced fee in Argentina, as $3 are enough for a man to feed his family there in nation, Elon agreed upon the fact that fees should be affordable and proportionate in domestic currency. Additionally he recommended that, among the payment options, DOGE should be available there.
Twitter Blue Authentication
Twitter Blue is a monthly subscription facility, released during June previous year. Presently it is active in New Zealand, Australia, Canada and United States. This premium service allows users to use some special facilities such as Undo the Tweet.
About the price of Twitter Blue which comes with authentication checkmark, Elon Musk said that, monthly price must be $2, but payment for 12 months upfront and account still don’t get checkmark for 60 days and suspended with no reimbursement is utilized for fraud.
Additionally he said that, if the subscription is canceled, checkmark must be removed or fraudsters will show the game by signing up for just a some months. He also suggested that, there should be distinct checkmarks according to the entity’s status, i.e. different checkmark for an official account or a public figure account.
Recommendations regarding utilizing DOGE as a payments option has kicked the price up, and was trading at $0.1564 at that time, currently, it was trading at a market value of $0.1471.
Dogecoin followers are pleasured to hear that Elon Musk is backing their coin again, witnessing the move as ultra bullish. Tesla executive is sometimes called the Dogefather in the crypto community.
Elon Musk formerly unveiled that he personally has Ethereum and Bitcoin, and Dogecoin, indicating no signs of selling them. Previously this month, he posted a video of Dogecoin, stating that it explains everything.
He witnesses Bitcoin as a store of value and dogecoin as the best cryptocurrency for transactions. He formerly stated that DOGE is people’s crypto asset. Tesla, his electric car organization is currently accepting the meme coin against few of their merchs.
Source: https://www.thecoinrepublic.com/2022/04/11/dogecoin-should-be-used-as-a-payment-option-for-twitter-blue-elon-musk/