Dogecoin (DOGE), one of the popular cryptocurrencies, started to show vitality on the price side as its relationship with Twitter became increasingly close.
The global social media platform Twitter remains the hub of cryptocurrencies. Twitter accounts for almost 75 percent of the crypto industry’s marketing share. The platform, where investors and projects meet, became even more prominent when Elon Musk took over. Musk attracted attention especially with his moves on DOGE. The billionaire has shown his continued support for the popular meme token. This was enough to make him the biggest DOGE fan. After all these processes, eyes were turned to the situation that could arise with the relationship of Twitter and DOGE. Crypto investors have also ignited a new activity.
Twitter Update Raises DOGE Expectation
Twitter boss Elon Musk talked about Twitter’s new updates with his recent post. The billionaire expressed that he wanted to make the platform better with this update.
Sharing a presentation from the plans made in the company, Musk introduced several features such as advertising, long-form tweets, encrypted messages. It was noteworthy that all these developments were reflected as Twitter 2.0.
Musk did not share an opinion on DOGE among the new plans. However, a group of investors made posts that drew attention to DOGE integration as a payment method. The expectation created by the community also led to a rise in the price of the popular cryptocurrency.
Crypto investors are waiting for DOGE’s biggest fan Musk to start a new bull run. However, Musk has not yet formalized the Twitter and DOGE relationship.
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