Apomp: After Elon buys Twitter, he should buy YouTube next.
Forbes Crypto: Dogecoin rallies amid reports that Musk is nearing a deal to buy Twitter.
The expectation about Elon Musk buying Twitter is to unleash Dogecoin like never before.
Elon Musk: A social media platform’s policies are good if the most extreme 10% on left and right are equally unhappy.
Community Reaction: Why do people think one person owning everything is desirable? What happened to private monopolies being illegal mentality?
I honestly think a verified Twitter has a better potential to monetize contents such as videos.
Crypto began with decentralization and individual sovereignty as primary themes. One person owning everything runs directly contrary to that idea. Some of us genuinely want to live in a more egalitarian world. The Egalitarians believe that all people are morally equal and thus entitled to some form of equal treatment.
That’s a lot of Dogecoinery.
Dogecoin surged by 9% amid reports that Twitter will be accepting Musk’s Take over offer. The belief is that Elon Musk is close to buying the entirety of Twitter at $54.20 a share.
The reality is that there is no relationship between Elon Musk deciding to buy Twitter and the price of Dogecoin going up – it is a speculative activity. Doge Coin investors are trying to make out a hype for every activity of Elon Musk – and they try hard to relate it somehow to Dogecoin. They make it appear that Dogecoin moves to the voice and moves of Elon Musk maintaining the imagery that the meme coin has the influence of Elon Musk.
The hope of speculators is that Advertisers will be permitted to pay using Doge for ads and other users on Twitter. Previously, Tesla revealed the ability to pay for their goods using DOGE. So, the speculation is probably around Musk’s businesses and stake holdings beginning to accept crypto like Tesla.
Previously, Elon Musk teased Dogecoin payments on Twitter. He proposed dogecoin as one of the payment options in Twitter Blue, the premium feature on Twitter.
Since Tesla is already accepting Dogecoin in its store, anything about Elon triggers hope for Doge holders.
Everyone is gearing up to take advantage of the season; however, there is not much of a rally on the news about Musk buying Twitter. Whether it is much or not all the talk of Elon Musk buying Twitter has naturally left Dogecoin experience a pump.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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