Elon Musk’s X: A Game-Changer for Crypto?
Elon Musk’s X platform has been the subject of much speculation in the crypto world. Some believe that Musk is planning to integrate Dogecoin into his “everything app” X, based on the discoveries of some X users. Others believe that Musk has quietly primed crypto for an ‘absolute game-changer’ that could cause chaos for the […]
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Elon Musk’s X platform has been the subject of much speculation in the crypto world. Some believe that Musk is planning to integrate Dogecoin into his “everything app” X, based on the discoveries of some X users. Others believe that Musk has quietly primed crypto for an ‘absolute game-changer’ that could cause chaos for the price of Bitcoin, Ethereum, XRP and Dogecoin. It is unclear how exactly Elon Musk’s X will affect crypto, but it is clear that it has already caused a stir in the crypto world.
Elon Musk is considered the ultimate influencer of the cryptocurrency market due to his huge following of cryptic tweets on Bitcoins, Dogecoins, or even CumRocket. His witty tweets on cryptocurrencies, specifically on Bitcoin and Dogecoin, influence the prices to soar or plunge. Every tweet of Musk, who has over 55 million followers on Twitter, impacts the crypto market significantly. It is said that Elon Musk is the driving force of cryptocurrency prices across the world. However, because Elon’s position and attitude towards crypto fluctuates and is not always consistent, the price movements in response to his tweets are often extremely volatile.
Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer in December 2013. It is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Dogecoin differs from Bitcoin’s proof-of-work protocol in several ways, one of which is by using Scrypt technology. Dogecoin can be used to make purchases online, tip content creators, and raise funds for charitable causes The live Dogecoin price today is $0.077553 USD with a 24-hour trading volume of $1,735,761,209 USD. We update our DOGE to USD price in real-time. Dogecoin is up 8.93% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $10,881,702,875 USD. It has a circulating supply of 140,313,016,384 DOGE coins and the max. supply is not available.
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