Ah, Elon Musk and Dogecoin (DOGE), it’s like a love story that’s captured the attention of the entire world. In case you’re not familiar, Dogecoin is a cryptocurrency that started as a joke. But when the meme-loving billionaire Elon Musk threw his weight behind it, Dogecoin soared to the moon faster than a SpaceX rocket.
Recently Musk has hinted at implementing a Dogecoin payment system on Twitter which is incredibly exciting news if you’re a holder! But what does this mean for the crypto space and other exciting dog-themed meme coins such as Shiba Inu (SHIB) and Dogetti (DETI)?
In this article, we will be looking into how Musk’s Dogecoin Tweets, along with his history associated with the coin, and what effect this could have on the rest of the meme coin world!
Elons First Love: Dogecoin
So, why does Musk love Dogecoin so much? Whatever the reason, Musk’s support for Dogecoin has been unwavering. He’s tweeted about it frequently, causing the value of the coin to surge on more than one occasion. He’s also made several public statements in support of the currency, including suggesting that it could be used to fund a future mission to Mars.
Musk’s investment in Dogecoin has also been significant. He’s purchased millions of dollars worth of the coin and has even used it to fund a satellite launch through his space company SpaceX!
More recently, after last week’s Superbowl, Musk tweeted a picture of himself chatting with billionaire media tycoon Rupert Murdoch, with just one word: “Dogecoin.” And just like that, the meme-inspired cryptocurrency saw a 5% surge in value the very next day.
On Feb 15th, Elon tweeted, “The new CEO Of Twitter is amazing!” with a picture of his pet Shiba Inu, sitting at a boss’s desk with a Twitter contract in front of him. This could be hinting at one main thing, could Musk implement a Doge payment platform behind Twitter?
Shiba Inu – The Pup That Puts Up A Fight
So, what is Shiba Inu (SHIB), you ask? Think of it like Dogecoin’s younger brother – and of course, that comes with sibling rivalry. It’s a meme-based cryptocurrency that features the likeness of the adorable Shiba Inu dog, and it’s taking the world by storm.
At the time of writing, Shiba Inu (SHIB) currently ranks #13 on CoinMarketCap – super impressive for a dog-themed meme coin! What’s fueling this pup’s rise to stardom? Well, the team recently announced that they’re unleashing a blockchain update called Shibarium in 2023, which will make transactions faster and smoother than ever. Do you know what that means? Less congestion and more doggy treats for everyone!
And let’s not forget about the community behind this coin; they’re like a pack of wild dogs when it comes to supporting SHIB. With their burn rate increasing, it’s clear that they’re not going to roll over and play dead anytime soon.
Buy Dogetti Or Sleep With The Fishes
Get ready to welcome the newest pup to the dog-themed meme coin family – Dogetti (DETI)! This Mafia-inspired coin is not to be messed with, or you might end up sleeping with the fishes.
But let’s get down to business; why invest in Dogetti? For starters, it’s got a 2% reflection protocol that rewards its loyal community/family on a frequent basis. DogettiSwap, a decentralized marketplace, will be its main utility, offering easy access to trading ERC20 tokens with a user-friendly interface. And let’s not forget about DogettiNFTs that allow buyers to mint their own pet/companion and trade/sell them.
With all these exciting features, it’s no wonder Dogetti’s presale is destined for success. So, if you’re looking for a cryptocurrency with some serious bark, Dogetti might just be the pup for you! Just don’t forget to bring some treats for the family.
If Elon Musk does end up making Dogecoin the payment system for Twitter, one of the world’s biggest social media platforms, it would certainly bring mass adoption to crypto – which could drive the price of DOGE flying… If effect, other dog-themed meme coins such as Shiba Inu and Dogetti could certainly follow in the same pawprints as Dogecoin and skyrocket as we often see in the crypto market!
The post Is Elon Musk Hinting At Dogecoin Twitter Takeover, And What Could This Mean For Shiba Inu and Dogetti? appeared first on Analytics Insight.