TheideaoftheDogecoincommunitytopromoteDOGEandexpandtherangeofitsutilitycasescontinuestothrive.ThemaintriggerforitwasElonMuskintegratinghisfavoritememecryptocurrencyasapaymentoptionwithTeslaandSpaceX.
Dogecoincreatorsays\"yes\"topayingforXmerchwithDOGE
Now,theDogecoincommunityhassupportedanideaofusingDOGEaspaymentforXmerchifsuchmerchiseversoldbythesocialmediagiantthatbelongstoElonMusk.TheideawassuggestedbyaDOGEenthusiastonX@dogeofficialceo.
BillyMarkus,knownonsocialmediaasShibetoshiNakamoto,whocreatedDOGEincollaborationwithJacksonPalmerin2013,hasalsocasthisvoteinsupportofthisplayfulidea.
ya
—ShibetoshiNakamoto(@BillyM2k)November1,2024
Dogecoincouldsee27%rally,analystpredicts
CryptocurrencytraderandanalystAliMartinezhastakentohisXaccounttoshareaDogecoinpricepredictionthatcanturnrealinthenearfuture.
If#Dogecoin$DOGEbreaksabovethe$0.169resistance,wecouldseea27%rallyupto$0.209!pic.twitter.com/seVi6gdoH5
—Ali(@ali_charts)November2,2024
CommentingonaDOGE/USDTchart,onwhichDOGEisabouttobreakoutfromthedecliningpattern,MartineztweetedthatDogecoinnowneedstobreakabovethe$0.169resistancelevel.Ifthathappens,hesaid,thenthelargestmemecryptocurrencycouldstartona27%rallyandreachthe$0.209level.
ElonMusktriggerscryptoarmywithDOGEpost
OnOct.28,techbillionaireElonMuskpublishedaphotoofhimselftakenduringoneofhisrecentpublicspeechesinhisU.S.tour,whereheraiseshishands,tougheninghisbicepsinavictoriousgesture.
ThisphotowascombinedwithaDOGEmemewherethedogwithahumanweight-lifter’sbodyraiseshandsinthesamegesture.Muskisawell-knownDogecoinsupporterandloverofmemes,whousedtofrequentlypostDOGEmemesinthepastonhisTwitteraccountlongbeforeheboughtthisplatformandrebrandeditasX.
TheDOGEcommunityreactedwithahighdegreeofenthusiasm,seeingthatMuskstilllovesandsupportsDogecoin.MuskevenpreferstocalltherecentprojectwhereMuskwasofferedaleadingposition—D.O.G.E.—thatisshortfortheDepartmentofGovernmentEfficiency.However,thelaunchofthisorganizationisnotcertainyet.ThingsaretobeclarifiedafterNov.5.
u.today