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Dogecoin (DOGE) Boosts 7% as Tesla Phone Talks Surface on Twitter

Published 11/29/2022, 07:35 AM
Updated 11/29/2022, 09:00 AM
© Reuters. Dogecoin (DOGE) Boosts 7% as Tesla Phone Talks Surface on Twitter

The possibly forthcoming Tesla (NASDAQ:TSLA) Smartphone has the power to turn Twitter into an all-in-one app with Dogecoin (DOGE) as the default payment method. This plan for Twitter 2.0 started as a hypothetical situation for Elon Musk but soon came closer to reality as Apple (NASDAQ:AAPL) allegedly threatened to remove Twitter from the App Store without a specific reason given.

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World Of Statistics

DOGE is Back Above Key Resistance Line

As the squabble between Twitter and Tesla CEO Elon Musk and Apple unfolds, DOGE’s market price reacted bullishly to the news, having gained 7.77% in the last 24 hours. At press time, the top dog memecurrency is priced at $0.103462, according to CoinGecko.

The question is: back above the key resistance line, will DOGE be able to keep the support level of $0.10? DOGE has been below the mark for the better part of November. Besides, the DOGE Army is not too optimistic about the price predictions for the end of the year, assuming DOGE will change hands at $0.08995 on New Year’s Eve.

Over 1,000 voters set the DOGE price estimate on CoinMarketCap’s Estimate tool, as its total market capitalization shrunk by $7 billion since the yearly peak of $21.3 billion on November 1st, 2022. However, the DOGE Army on Twitter remains sanguine with #DogecoinToTheMoon memes and substantial hype built on the canine coin’s key role at Twitter 2.0.

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On the Flipside

  • In spite of the recent bull run, DOGE is still 50.4% in the red in yearly terms.
  • The popular canine coin is also 86% down from its all-time high (ATH) set at $0.73 on May 8th, 2021.

Why You Should Care

The clash between Twitter Boss Elon Musk and the Californian IT titan Apple could accelerate the integration of DOGE into the social platform.

Get your daily dose of memecoins with the latest stories:

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Dogecoin (DOGE) Reaches 396 Million Users as Twitter Spam Cools Down

See original on DailyCoin

Latest comments

Y tambien compro armas con dogecoin, nobse por que ocultan las noticias
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