Questions on Dog Meme Coins Arise, Why Dogs?
Experts in the field of digital currencies are starting to wonder why dogs have been settled on as the best mascots for meme coins. Read CNL for more.
Doge
Elon Musk Announces Crypto Payments on Twitter
According to a recent communication, Elon Musk, the now-Twitter CEO has confirmed Twitter to become a financial service firm featuring crypto payments.
What’s Next With Dogecoin? Can Doge Reach $0.8 in 2022?
Doge surged 100% in the past 7 days. Can Doge boost its price further to $0.8? Find it out if possible in this CNL analysis article.
Will DOGE Dominate Elon Musk’s Everything App ‘X’?
Elon Musk has revived his $44 billion bid to buy Twitter. He hopes to accelerate the arrival of his everything app X.
Trezor Users Can Now Buy BTC Using Hardware Wallet
Trezor users can now buy bitcoin directly using their hardware wallet. Trezor Suite now allows them to convert between currencies without any counterparty risk. The newer features are still in testing and development. According to a tweet by the Bitcoin magazine, Trezor users can now buy bitcoin directly in their cold wallet. With the help of Invite’s crypto exchange comparison tool, users can connect with trusted partner exchanges that fulfill direct-to-custody trades using their preferred payment method. Trezor Suite now allows them to convert between currencies without any counterparty risk since the hardware wallet is not controlled by an exchange.
Memecoins Take Over: DOGE and SHIB in Competition
The crypto community is once again aflutter on Twitter. David Lark explains how memecoins could see a massive surge soon. Dogecoin (DOGE) and Shiba Inu (SHIB) will likely surge more than others. Long time popular trader and investor of Bitcoin (BTC) and cryptocurrencies — Lark Davis, created a buzz on Twitter today. In particular, TheCryptoLark draws attention to highly explosive news pertaining to memecoins. Specifically, he draws attention to Dogecoin (DOGE) and Shiba Inu (SHIB). The popular Twitter personality highlights two major events for both the dog-inspired cryptos that could have major catalysts at the moment. In detail, Davis says
3 Billion DOGE Moved to Unknown Wallet, Could it be Elon Musk’s?
A total of 3 billion DOGE made its way from Robinhood exchange to an unknown account. This wallet now holds over 7,000 DOGE, making it the 2nd largest whale. Many are speculating the wallet to be owned by Elon Musk. Robinhood exchange just saw the withdrawal of a huge amount of Dogecoin (DOGE) from its platform. Many crypto and memecoin fans are speculating that the huge Dogecoin (DOGE) transaction to have been made by Elon Musk. According to bitinfocharts, 3 billion Dogecoin (DOGE) has just been moved from a Robinhood exchange wallet. In addition, the funds have not been moved
Elon Musk: ‘I Will Keep Supporting Dogecoin’ Amid Lawsuit
Tesla and SpaceX top executive Elon Musk said he will keep supporting Dogecoin. Musk tweeted two days after a Dogecoin investor sued him and his companies for running a “pyramid scheme” to support Dogecoin. The price of Dogecoin took off 13% after the CEO’s tweet. Tesla chief executive and Dogecoin advocate Elon Musk proclaimed via tweet that he will keep supporting Dogecoin. The token’s price has seen a 13% increase after the CEO’s tweet. The top executive’s tweet was posted two days after a dogecoin investor and plaintiff, Keith Johnson, filed a $258 billion lawsuit in federal court in Manhattan
Musk Confirms Tesla Now Accepts DOGE for Its Merch
Elon Musk announced that Tesla merch can be bought with DOGE. Merch for SpaceX will soon accept Dogecoin as well. Dogecoin spiked 15% on a bear market after Musk’s announcement. Elon Musk, the CEO of Tesla and SpaceX, announced via his official Twitter account that Tesla merchandise can now be purchased using Dogecoin. He added in his tweet that merch for SpaceX, a space manufacturer company founded by Musk, can also be bought using DOGE in the near future. Founded in 2003, Tesla has been the leading automotive and clean energy manufacturer that offers e-cars, trucks, battery energy storage, solar
‘Bitcoin Jesus’ Returns to Twitter, Favors DOGE Over BTC
Roger Ver said DOGE is better, cheaper, and more reliable [than Bitcoin]. He praised Elon Musk for purchasing Twitter in the interview. Ver said: “I was never a Bitcoin or Bitcoin Cash maximalist.” Roger Ver, a pioneer investor, and Bitcoin supporter, has returned to posting in Twitter after a year. He also showed his support for Dogecoin in an interview. His enthusiasm and all-out support for Bitcoin and Bitcoin Cash have earned him the alias ‘Bitcoin Jesus’. According to an interview with Bloomberg, Ver said he preferred Dogecoin over Bitcoin for payments. He emphasized that he’s a fan of the
AMC Mobile App Now Accepts DOGE and SHIB
The AMC mobile app for US theaters now accepts Dogecoin, Shiba Inu, and other cryptocurrencies. The company started accepting Bitcoin, Ether, Bitcoin Cash, and Litecoin in November 2021. Dogecoin fans demanding the meme cryptocurrency be accepted has led the CEO to consider adding the meme tokens. AMC Theaters, the largest theater chain in the US, has announced that it is now accepting Dogecoin (DOGE), Shiba Inu (SHIB), and other cryptocurrencies for online payments. The movie theater giant hasn’t revealed the names of other integrated cryptocurrencies. In a recent tweet, AMS Theaters CEO Adam Aron shared that moviegoers must update their
Dogecoin Plans to Make DOGE Offline Transactions
Dogecoin Foundation is working to develop Dogecoin offline transactions. RadioDoge with the support of Elon Musk’s Starlink satellite network would allow offline transactions from happening. Developers disclosed that the main network received DOGE via its Dogecoin addresses created with the Libdogecoin. Product Lead at the Dogecoin Foundation Timothy Stebbing and Principal Engineer at the Foundation Michi Lumin collaborated to develop a new communication network that would enable Dogecoin offline transactions. According to the blog post of Dogecoin Foundation, a “cheap and reliable Radio technology (HF/LoRaWAN)” they call RadioDoge is going to need the support of Starlink satellite network to allow
