Twitter, which was acquired by Elon Musk last year, may decide to leave for an altcoin it pioneered. Several developers on Twitter are reporting that their type bots have been disabled.
Twitter is suspending the tip feature for this altcoin
Twitter’s ability to make Dogecoin a donation or type option has been one of the main features of DOGE adoption for years. This feature made it possible for DOGE users to easily tip their favorite phenomena. It supported the adoption of the meme coin with its ease of use. But apparently Twitter no longer wants the bot on its platform.
“Doge Designer” on Twitter on Wednesday pointed out that the Dogecoin type bot has been suspended on Twitter.
https://twitter.com/cb_doge/status/1620659209175023618
It’s also worth noting that the bot has no other function other than allowing users to use DOGE on Twitter. Therefore, it’s possible that the suspension was intended to encourage the use of Twitter’s own tipping feature, which does not yet include Dogecoin.
However, another Dogecoin type bot promoted by Sodogetip is still operational. Ultimately, these findings suggest that the suspension will likely be temporary.
What does progress mean for DOGE?
The price of Dogecoin was not really affected by the suspension of the tipping bot. Instead, the meme continues to follow the coin market trend and react to news about crypto integrations coming to Twitter.
Right now, a possible official adoption by Twitter of using DOGE as a payment method is having more of an impact on its price than anything else. With Elon Musk, arguably the biggest supporter of Dogecoin, at the head of Twitter, this remains a possibility as Musk has already implemented DOGE payments for several of his companies. In the meantime, let’s mention that Dogecoin has been picking up volume after ELon Musk’s new lawsuit against the SEC. As Kriptokoin.com, we have included the details in this article.
DOGE is at a critical point right now. If it fails to hold the $0.09 support recorded last week, the bulls may need to prepare for another drop to the $0.08 level. On the other hand, a break above $0.1 could send it back to test the November 2022 high of $0.15.
Twitter and Tesla news lead altcoin whales to Dogecoin
According to data provided by Santiment, whales show that there were 70 different Dogecoin transactions worth over $100,000 in the past week. Dogecoin has also become the most popular token among BSC whales following Tesla’s SEC lawsuit yet. Meanwhile, Twitter began seeking regulatory licenses across the US and building the software needed to enforce payments across its social media network. These news follow a steady increase in DOGE price and trading volume.
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