HomeCryptocurrencyIs Dogecoin coming to Twitter?

Is Dogecoin coming to Twitter?

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Rumors of certain crypto input in Twitter-like places have been high ever since Elon Musk, the owner of both decided to change the logo of Twitter and switched it to Meme Dog one which refers to the same cryptocurrency in the market.

It does give a fair share of how the owner has planned to promote cryptocurrency, but he also changed the plan not to be long-stay put in his next speech that shows the volatile plans of right ownership by using such tactics.

These changes have got a marginal push as the value increased up to 23% double rate after such a move, but this action is not going to be permanent as experts suggest and it only refers to the influence of the logo instead of having a huge rush in market point.

Possible Stakes

There is no denying that Doggy coins have grown up to a strong position in crypto value, they do have market potential and can help grow to more in the coming period.

This suggests that Elon Musk wants to see how much stakes can be positively adjusted, the level of market value, and to promote he has simply gone with the trend to put it on his owned social media platform.

The level of Twitter speaks for its volume but it doesn’t mean that Doggy coin is going to directly stay put in Twitter and it may take back seat after some point of time being a value more active only on crypto markets.

Clearing Lawsuits

Most of the community that follows doggy coins on crypto has also thought that It has only been brought to Twitter to avoid lawsuits, to come out of hassle and it has worked well for Elon Musk.

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It has given a strong base to get the right terms of use, to plan hard core, and also boost doggy coin protecting him from tougher legal benchmarks.

The rumor is also that by doggy coin He has taken a lot of funds in hidden values and hasn’t returned for which people were not happy and wanted to settle it so this promotion may protect him from facing legal scheme.

Meme Coin Influence

This is the main cause for which promotion on Twitter may have been worth, the value of such crypto stands on memes, showing daily core influence and it may match well with such sites on the web.

Simply, the owner wants to go big by having a large meme investment in the future and wishes to get a clear site although it doesn’t suggest that Doggy Coin is to stay on Twitter for longer term.

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It gives a hint on how meme coins might be used, how owners can promote them with more spending commodities, and cover for crypto values to have market gains simply.

Corporate Assets

It is also prudent to see from this point of view that Doggy coin is not due to be fixed with Twitter and only stands as a logo instead of volatile money in use around such a platform.

The value of assets in comparing prices is higher to think as slippage keeps happening so the terms in which it can be balanced may give hints on how to gain such a commodity to use in the crypto market. Fixing promotions on Twitter it helps to give a boost to corporate plans to execute well and gain perfect hindsight for future development of such a token.

The presence of the logo is certain but how long it may stay depends on the owner himself as Elon Musk doesn’t stay firm with one single idea and can change complete posture so it has to be volatile.

The arrival of the doggy coin on Twitter as a currency is not happening anywhere near at current, though its promotion is however certainly done that highlights the way the owner is trying to manage all issues and cover them smartly holding entire legal assets.

It comes to how the approach may fold, the accuracy of growth, and how much it affects Doggy coin’s percentage in market growth to decide its future, to stay firm be it on Twitter or not simply.

Want to know more about market trends? Try Bitcoin Smart, your expert trading partner.

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NaijaTechGuide Team
NaijaTechGuide Team
NaijaTechGuide Team is made up of Experienced Tech Enthusiasts and Professionals led my Paschal Okafor, a graduate of Electrical and Electronics Engineering with over 17 years of Experience writing about Technology. Some of us were writing about Mobile Phones before the first Android Phones and iPhones were launched.

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