Twitter’s new chief Twit Elon Musk continues to purge Twitter by banning all remaining Twitter employees from the office until further notice. This follows Mr. Musk’s ultimatum on Thursday, which appeared to give the micro-blogging platform’s current employees two options: either give in to “long hours at high intensity” or simply quit their jobs.
Without a doubt, Elon ‘The Dogefather’ Musk’s drastic move has received strong reactions from the Twitter community. Ironically, this sent Twitter usage to unprecedented levels, and the richest man in the world took the opportunity to brag about it, to be followed by a series of memes.
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But Elon that can’t be true, everyone tells me Twitter is dead
– Greg (@greg16676935420) November 18, 2022
Will DOGE be Twitter’s currency?
Furthermore, Elon Musk gave a very clear explanation for the failure of FTX, stating that “SBF is passive altruism, but they thought he was saying he was in the business of effective altruism. It’s easy to misunderstand.” However, given the spread of infection by FTX And mass layoffs in his own playground, Musk has had to put his Twitter wallet idea on hold for a while.
Currently, as conversations about the built-in crypto-wallet for Dogecoin (DOGE) rekindle, social mentions of $DOGE on Twitter have reached levels unseen since 2021. This is also partly due to the DOGE developer team, who have been working on the MyDoge Wallet browser extension for Chrome. With this add-on, crypto enthusiasts and members of the DOGE army will be able to direct any website.
. @MyDogeOfficial is building a browser extension with which you can submit dogecoin tips directly to a website. pic.twitter.com/OLtcMJl7vy
— DogeDesigner (@cb_doge) November 18, 2022
At the time of publication, the 8th best dog memecoin DOGE is priced at $0.085647, which represents an uptrend of 2.5% over the past 24 hours, according to Queen Gekko. While the past two weeks have been difficult for DOGE, with a 30% drop in the red, the canine token still enjoys a healthy monthly increase of 42.9% due to Elon Musk’s takeover of Twitter.
Moreover, cryptocurrency enthusiasts in Australia gather for the DOGEathon Hackathon, where anyone can easily buy a cup of coffee with DOGE. With a large community and talented senior developers willing to contribute, DOGE has a bright future ahead of it, especially if Musk’s promise to challenge the global financial system with DOGE comes true.
That’s why we built #dogecoin https://t.co/HrHWLEszQN
— MyDoge Wallet (@MyDogeOfficial) November 18, 2022
on the flip side
- This week, more than 100 former employees announced their decision to leave Twitter on Twitter.
- DOGE’s market price is still close to a complete pullback from the ATH (all-time high).
- The better for dogs memecoin value peaked at $0.73 on May 8, 2021.
Why should you bother
Elon Musk’s takeover of Twitter is closely related to the popular memecoin DOGE and the developments of the story could greatly influence crypto adoption in general.
Learn more about the chaotic reconstruction of Twitter and its relationship to cryptocurrency:
Social platform Mastodon is emerging as a new competitor to Twitter’s Mask of Purgatory
Elon Musk warns of Twitter bankruptcy