In a recent tweet, Tesla CEO Elon Musk came up with the idea to enable Twitter Blue subscription with the popular cryptocurrency Dogecoin (DOGE). Then there was an increase in the DOGE price. Here are the details…
Elon Musk drew attention to Twitter’s payment of Dogecoin (DOGE) for its Blue service
Twitter launched its first subscription service last June to diversify its sources of income. In the initial phase of rollout, Blue is available to users in Canada and Australia. In November, the social media giant also launched its premium service in the US. Elon Musk’s DOGE recommendation also came for this subscription service. Musk also suggested giving checkmarks, aka “blue ticks,” to anyone who signed up for this Blue service, that they were authenticated, and removing ads.
On top of that, Musk wants to make Twitter Blue more affordable for people around the world. Along with the Undo Tweet feature, which makes it possible to delete or correct a tweet according to Musk’s recommendations, premium subscribers will also get ad-free access to some of the top news sites, including The Atlantic and The Washington Post.
DOGE price increased
As we have also reported as Kriptokoin.com, Musk recently bought a 9.2 percent stake in Twitter. The billion-dollar acquisition has made Musk the largest shareholder of one of the leading social media platforms. Before that, Musk had signaled his dissatisfaction with Twitter. The fact that Musk is also on Twitter’s board of directors shows that the richest man in the world wants to take an active role in the management of Twitter. Some argue that Musk’s vision for freedom of speech will have a negative impact on the social media platform.
The billionaire is known to be a big proponent of the cryptocurrency Dogecoin, which is why Musk’s acquisition of a large stake in Twitter is considered by some to be a big deal for the cryptocurrency. seen as a bullish sign. DOGE, which is in the eleventh place with its market value after Musk’s latest tweet, rose from $0.1423 to $0.1514. It is currently changing hands with an increase of close to 5 percent.
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