Will Elon Make ‘Dogecoin as a Payment Option’ Possible on Twitter?

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If Musk integrates Dogecoin into Twitter, the crypto will be set to explode and overtake major cryptocurrencies

Elon Musk pitched his favourite cryptocurrency, Dogecoin, as a payment option for the users wishing to use the Twitter Blue services, which is the social media giant’s subscription service. They include a price cut, the option to pay using Dogecoin, and banning ads. Recently, after a tumultuous war with the board of directors of Twitter, a little nagging towards the shareholders helped Elon win this Twitter bid. There is not much to be discussed about Elon’s decision to buy Twitter because as crazy as it sounds, according to Elon, it makes sense. Now, he can make all the changes that he ever wanted to make on Twitter, making it the most glorious social media platform on the internet.

Musk has always been a big booster of the meme-based cryptocurrency, Dogecoin. His tweets about how he supports Dogecoin, and how it will become the most popular cryptocurrency in the market have vastly affected Dogecoin’s market dominance. Earlier, Musk had teased about a Dogecoin-Twitter integration in a tweet mentioning that has suggested paying for Twitter Blue. He mentioned working with the Dogecoin team to improve the network’s efficiency.

Recently, after Musk brought Twitter, Dogecoin rose over 6% right after the deal was announced. Since the acquisition, the crypto rose by almost 35% within a period of 24 hours. Now, if Musk successfully adds Dogecoin as payment crypto on Twitter, its market dominance will probably explode and enable it to become one of the most profitable cryptocurrencies in the market.

Lastly, it seems quite likely that Musk will integrate Dogecoin into Twitter, there are not many reasons why he cannot. But if he does so, Dogecoin will definitely reach all-time highs, and then overtake major cryptocurrencies in the market.

 

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