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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...
Dogecoin (DOGE) Boosts 7% as Tesla Phone Talks Surface on Twitter © Reuters. Dogecoin (DOGE) Boosts 7% as Tesla Phone Talks Surface on Twitter
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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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The clash of perspectives between Musk and Apple sparked an intense discussion on Twitter, where everybody had to take a side. “Do you want Elon Musk to make a Tesla phone?” – 67,070 voters answered this question on a poll set up by World Of Statistics. 59% of voters agree with the Dogefather’s idea, while actor and comedian Terrence K. Williams asserted: “I was born without an Apple iPhone and I can live without an Apple iPhone.”

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.

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

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

1.0658

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Adidas AG

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
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(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
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SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
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SJC 99%7,196/ 7,396
(0/ 0) # 386
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