ALtcoins Crypto News

The price of $DOGE has risen when Elon Musk suggested that Twitter 2.0 will support payments.

November 27, 2022
Crypto Tech News 24

On Sunday (November 27, 2022), the Dogecoin ($DOGE) price was boosted by a tweet from Tesla and SpaceX CEO Elon Musk, who recently purchased microblogging platform Twitter.

Dogecoin was first introduced on 6 December 2013, as a “fun and friendly internet currency.”
Billy Markus and Jackson Palmer designed it.
It is a “decentralized, peer-to-peer digital currency” with the Shiba Inu as its mascot (a Japanese breed of dog).
Since then, its popularity has skyrocketed, particularly in recent years, owing largely to the backing of billionaires Elon Musk (CEO of Tesla and SpaceX) and Mark Cuban. In fact, in 2019, Musk said that $DOGE might be his favorite cryptocurrency.

As you are probably aware, Musk completed his purchase of Twitter on October 27, 2022:

the bird is freed

— Elon Musk (@elonmusk) October 28, 2022

Musk made it known on November 1, 2022, that he wants $DOGE to be the “official” cryptocurrency of Twitter:

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