DOGE up 18% as Elon Musk moves to take over Twitter

Dogecoin has surged 18% pursuing quality that Dogefather Elon Musk is acceptable to instrumentality implicit Twitter by Friday.

Bloomberg reported connected Oct. 24, that Musk has assured indebtedness bankers assisting his acquisition with astir $13 billion, that the Twitter woody volition beryllium completed by the weekend.

On Oct. 26, Musk changed his Twitter bio to “Chief Twit” followed by a sojourn to Twitter headquarters.

Entering Twitter HQ – fto that descend in! pic.twitter.com/D68z4K2wq7

— Elon Musk (@elonmusk) October 26, 2022

While discussing with Twitter employees, Musk refuted claims that helium intends to cut jobs by 75%. He added that the employees were chill radical helium looks guardant to moving with.

If the $44 cardinal Twitter takeover pulls disconnected arsenic expected, Elon Musk’s favourite cryptocurrency Dogecoin whitethorn person a spot successful Twitter’s outgo method.

Bringing Doge to Twitter

Prior to pulling disconnected his archetypal Twitter deal, Elon Musk had ongoing discussions to integrate crypto payment into the societal media app for seamless transportation of wealth betwixt users.

As the Dogefather, Musk hinted astatine plans to enable users to wage for premium services similar Twitter Blue utilizing Dogecoin.

Dogecoin has spiked implicit 18% to scope a section precocious of $0.0777, arsenic possibilities of its integration with Twitter increase. Similar, the meme coin is up implicit 30% successful the past 30 days.

According to CryptoSlate data, Dogecoin’s marketplace capitalization has accrued from astir $7.95 cardinal to implicit $10.30 cardinal implicit the past 48 hours, signaling an inflow of astir $2.35 cardinal arsenic of property time.

The station DOGE up 18% arsenic Elon Musk moves to instrumentality implicit Twitter appeared archetypal connected CryptoSlate.