2 years ago
Dogecoin (DOGE) spiked by much than 6% aft Twitter announced a concern with the societal trading level eToro, according to CryptoSlate’s data.
The concern volition let users to bargain stocks and cryptocurrencies connected eToro straight from the Twitter app, CryptoSlate reported.
eToro confirmed the development, saying its $Cashtags concern volition alteration Twitter users to get real-time information and charts astir these assets.
Following the news, Elon Musk’s favourite cryptocurrency Dogecoin rallied to arsenic precocious arsenic $0.0877, according to CryptoSlate’s data.
Source: TradingviewThe meme coin has since retraced to $0.08686 astatine the clip of writing.
Several DOGE enthusiasts interpreted Twitter’s determination arsenic Elon Musk’s latest effort toward integrating the meme coin into the societal media platform.
Meanwhile, this is not the archetypal clip Twitter’s actions and announcements person heavy influenced DOGE’s show since Musk bought the level successful October 2022.
The token reached arsenic precocious arsenic $0.14 successful November 2022, riding connected expectations of Musk’s program for the asset.
Its worth besides importantly spiked aft the societal media level changed its logo to the Shiba Inu dog. At the time, DOGE rallied by much than 30% but soon crashed aft Twitter restored its archetypal logo.
The station Dogecoin spikes 6% pursuing Twitter’s caller move appeared archetypal connected CryptoSlate.
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