DOGE Soars 6%+, Here's What May Be Pushing It
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Dogecoin's price has been showing rises for the second consecutive day. Earlier today, the price went up by over 5%.
Earlier this week, Elon Musk posted a tweet that might have actually been driving the price up slightly.
DOGE army looks forward to Spaces with Musk
As U.Today reported earlier this week, a major DOGE-themed account, Sir Doge of the Coin (@dogeofficialceo), tagged the Twitter boss in a post, asking if he would be willing to have a chat via Twitter Spaces with the DOGE community, which would love to ask Musk a few questions, talk memes, etc.
Elon Musk responded to that, saying that he was very much preoccupied but maybe could do the Spaces audio chat "closer to Christmas."
In a comment under U.Today's tweet with the article, @dogeofficialceo stated that Musk is still very busy, but he and the DOGE army remain hopeful. Christmas is the day after tomorrow, so buyers may have been pushing the DOGE price up this week in the run up to the possible Spaces chat.
Yuri MolchanDOGE listed on Bitstamp
One of the possible topics during this chat could be the implementation of Dogecoin as an option for micropayments/tipping content creators on Twitter. Elon Musk suggested using DOGE for accepting payments for Twitter Blue to the company's board earlier this year.
Aside from that, this week, Dogecoin was listed on popular crypto exchange Bitstamp. At the time of this writing, the meme coin is changing hands at $0.0779, having jumped there from $0.0747.
Arman Shirinyan
Alex Dovbnya
Dan Burgin
Vladislav Sopov