- The price of Dogecoin suddenly pumped to $0.0750, which is a 24-hour increase of 4.1%.
- Elon Musk added Dogecoin’s logo to his address alongside Twitter’s rebrand into X.
- People are speculating whether Dogecoin will be added as a payment option for X.
The price of Dogecoin (DOGE) suddenly went up after Elon Musk added its logo to his address alongside the logo of Twitter’s rebrand into X today. At the time of writing, DOGE is changing hands at $0.0750, a 24-hour spike of 4.1%.
Screenshot of Elon Musk’s X — formerly Twitter — account as of July 24, 2023
As seen in the screenshot above, Dogecoin’s iconic logo has just been added alongside X. Now that Twitter has rebranded into X, people are now speculating that DOGE will become the primary cryptocurrency used for payments in the beloved social media app.
Musk has always been open about his plans to create X as a social media app that virtually has everything that people will need to thrive digitally. He also expressed in the past that he would actually leverage Twitter’s popularity to onboard people to X.
Now that Twitter has been changed into X, people are now speculating as to what will be the changes to the social media app. Someone even asked which word ‘tweeting’ would be changed into.
In other news, OpenAI CEO Sam Altman’s crypto project Worldcoin has launched. Its native crypto coin WLD is now listed on leading exchanges and the price has surged to $2.49, at the time of writing. This is an increase of 48.22% from the time of launching, according to CoinMarketCap.
