#crypto #dogecoin #altcoins
#doge #crypto #cryptocurrency #altcoins
The price of the Dogecoin (DOGE) cryptocurrency has increased by more than 25% after the Twitter social network logo was replaced with a coin mascot — a meme with a Shiba Inu dog named Kabosu. The image is also present on the loading screen of the service.
Rumors about the integration of cryptocurrencies into the interface of the social network have been going around for quite a long time. In June, part of Musk’s correspondence leaked to the Network, and in published messages he says that he plans to build a full-fledged financial system on Twitter. In the presentation of the new functionality of the service published on November 27 last year, Musk deliberately hid the content of the Payments slide (“Payments”).
Often, the announcement of any initiative of Musk on Twitter, one way or another related to payments, leads to the fact that Dogecoin begins to be actively bought on exchanges, thereby inflating the exchange rate of the coin. In May 2021, the Dogecoin price reached a historic high of $0.73 when Musk mentioned the cryptocurrency during an interview on the Saturday Night Live show.
At the time of publication, the price of DOGE is at $0.095, other meme cryptocurrencies, including SHIB, FLOKI or ELON, are also showing growth.
