Elon Musk’s Twitter Post Moves Meme Coin Price!

Dogecoin has seen massive growth of over 17% in the last twenty-four hours. The leading meme coin tested the daily low of $0.001069, although it reached a high of $0.001261. Twitter’s new boss, Elon Musk, says Twitter will launch its own smartphone if it runs into problems with popular mobile app stores. told and that triggered the rise.

Musk can compete with iOS and Android

Podcast host Liz Wheeler has expressed concerns that Twitter may be banned from stores selling Android and iOS-based apps. In response, Musk said he hoped that wouldn’t happen. But if it doesn’t go as he hoped, he has promised to launch his own phone, which also means launching a new operating system and an online store for apps.

Meme coin is on the rise

Musk’s tweet was published on Friday, and this is when Dogecoin, strongly supported by Elon Musk as the leading payment instrument for the future, started forming green candles on hourly charts. However, it is worth noting that although DOGE is maintaining some of its gains, it fell to $0.001156 after the rise.

Musk bought Twitter in October and paid $44 billion for it. As soon as Musk completed the deal, he fired CEO Parag Agrawal and a few other officials. He also said Twitter employees who were not ready to work harder than ever to improve Twitter should resign.

You can follow the current price action here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.


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