Cryoto Currency

Dogecoin (DOGE), 32% Launched By Elon Musk at Twitter Headquarters by DailyCoin

© Stocksak. Dogecoin (DOGE), a cryptocurrency that is 32% more valuable than gold, rockets Elon Musk to Twitter Headquarters

Elon Musk’s Twitter acquisition is planned to be finalized this Friday. That’s a crucial step for the crypto industry, as the crypto-friendly CEO of Tesla (NASDAQ:) & SpaceX had previously mentioned including (DOGE) for tipping on the micro-blogging platform.

Today, Elon ‘The Dogefather’ Musk shared a nine-second video of him entering Twitter’s headquarters in San Francisco, California. Making a flamboyant entrance with a sink in his hands, Musk’s message was clear: “Let that sink in.” On top of that, Elon Musk’s profile bio now proudly reads “Chief Twit.”

Twitter Staff Controversy – Elon Musk

Elon Musk previously stated that Twitter needed a drastic makeover, and that this might include a mass layoff. According to previous interviews, Elon Musk plans to get rid of 75% of Twitter’s staff. Naturally, employees reacted negatively to the statement.

The move is a positive change that could be beneficial to the entire crypto community. Mr. Musk’s aim is to transform the company into Web 3.0, including the initiative to integrate a native crypto wallet on Twitter.

Furthermore, Musk’s Twitter makeover strategy is supported by big players in the crypto world. As Michael Saylor expressed his support for Elon Musk earlier, it’s no surprise that Binance’s CEO Changpeng Zhao is eager to invest another $500 million in the Twitter deal.

Dogecoin (DOGE), Escapes From The Spooky Bears

For several months, the top dog cryptocurrency floated above and beyond the $0.06 resistance line. The prolonged crypto winter took its toll on the dog-themed crypto, as it’s nowhere near its ATH. But, the troubles seem to have ended for the canine cryptocurrency.

According to a press release, the 10th-ranked memecurrency is priced as of press time at $0.076274. CoinGecko. The bullish trend drove a 13.9% daily rise, while the weekly average was impressively 32%.

The Flipside

  • Some interviews suggest that Elon Musk has dropped the idea of laying off 75% of Twitter’s staff.
  • The social media platform is likely to go through a drastic makeover.

Why you should care

The finalization of Musk’s Twitter deal might have an enormous positive impact on the crypto industry beyond DOGE.

Follow Elon Musk and his DOGE on the latest adventures in:

Dogecoin (DOGE) Hits Crucial Milestone Amid Elon Musk’s Ukraine Controversy

Dogecoin (DOGE), Rises Above Support Line, as Elon Musk Sells Fragrance In DOGE

See original on DailyCoin

News Source and Credit

Stocksak Editorial

We are a financial blog that covers topics such as investing, saving, spending, and earning more money. Please feel free to peruse our site and read any of the articles that catch your interest.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button