DOGE Price Rally In Store?

Dogecoin Twitter Emoji News: Although Dogecoin stands to be the top memecoin with top 10 ranking, its value is way below the highs it reached with the Elon Musk Twitter acquisition news. Since Musk took over, the chances of Twitter crypto payments have only intensified. Meanwhile, the Dogecoin army continues to rally its support to the cryptocurrency amid volatile market environment. As with all cryptocurrencies, DOGE price also suffered significantly due to the recent FTX collapse.

Also Read: Popular Analysts Predict Bitcoin and Ethereum Prices For Christmas

Demand For DOGE Emoji

Owing to Elon Musk huge support for the DOGE community, the environment remains bullish for the long term. I this context, strong DOGE supporters are calling for adding an emoji next to #Dogecoin on Twitter. Currently, only Bitcoin enjoys the privilege of having an emoji next to its hashtag on the social media platform. With Elon Musk at the helm of affairs at Twitter now, the Dogecoin emoji could very well be a possibility. Ever since the Tesla CEO took over the company, there were sea changes in terms of policy decisions and layoffs.

Doge Dillionaire, a crypto enthusiast, is repeatedly tweeting on the demand for the emoji. The latest tweet read,

“Hey Elon Musk, could you please add an emoji to #Doge”

Meanwhile, the memecoin suffered a sharp decline in price on Wednesday. As of writing, DOGE price stands at $0.09573, down 4.80% in the last 24 hours, according to price tracking platform CoinMarketCap.

Also Read: Dogecoin Price Hints At A Potential Correction To $0.09; Buy This Dip?

The Payments Option

Recently, the memecoin price spiked over speculation of Twitter launching its own ‘Twitter Coin’. Among Musk’s plans for the ongoing Twitter ramp is the proposal to have a monetization tool. The Twitter coin news was centered around the social media platform having a section to add tips. However, the speculation was neither confirmed nor hinted by anyone from the company.

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.