Today we learned that the price of Dogecoin (DOGE) has skyrocketed, and there is a reason for it!
Traders are speculating about adding DOGE to Twitter's rebranded social media platform, now called "X." This caused quite a stir in the market and DOGE reached its peak for May 2023!
On July 25, DOGE's price skyrocketed by nearly 5.5%, reaching $0.078 per token, its highest level in two months. This amazing intraday rally was part of DOGE's weekly rise that began just two days ago when the famous Elon Musk renamed Twitter to "X" and added the DOGE symbol to his bio. This is not just a renaming, this is a revolution! 🐶🔥
"X" is pitched by Musk as a "comprehensive app" with a particular focus on financial services. But what surprises us even more is the possibility of DOGE payment on this platform! Analysts believe this will happen a year after Musk hinted at such an idea on social media. Just imagine DOGE becoming the first cryptocurrency accepted on "X"! This will be a real breakthrough!
To keep up to date with all events and not miss the chance to make money on this cryptocurrency, stay tuned. The liquidation of SHORT positions amounting to over $6 million, which is about 60% of the total positions liquidated, once again proves that this crypto is on the rise!
Forward to the world of DOGE! 🐶🚀
“Just watch Elon Musk troll everyone by making DOGE the first cryptocurrency to be used on Platform X,” said David Gokhshtein, founder of Gokhshtein Media. This is truly an exciting time for the cryptocurrency world, and DOGE is leading the wave of change!
