We tell you about the hype, but not the one-day $DOGE and Twitter purchase by Ilon Musk.
Buy $DOGE for Revolut (EUR, USD), Wise (EUR, USD), Paysera, other fiat and all popular cryptocurrencies at Coins.Black.
About Dogecoin
Dogecoin ($DOGE) was born from the popular internet meme “dOGE” and its logo depicts a Shiba Inu dog. Simply put, it is a meme-coin. And the beginning of its popularity began when Tesla CEO Elon Musk posted several tweets about Dogecoin being his favorite cryptocurrency. He was popularly nicknamed the “father” of the coin. At the moment Dogecoin is on the 8th place by market capitalization among all the cryptocurrencies, ahead of, for example, ADA and Solana.
What can Dogecoin be used for?
Initially, you could pay “tips” on forums (like Reddit) or exchange it for fun, but now that it’s more than just a joke, the coin’s utility is pretty diverse. From recharging at betting shops to booking a hotel or buying a car. Sounds cool, doesn’t it?
Ilon’s purchase of Twitter and the rise of DOGE
Tesla CEO and founder Elon Musk successfully completed a $44 billion deal to buy Twitter.
He commented on his purchase with a joking expression: “The bird is free”.
Changpeng Zhao, the head of Binance supported Musk by giving $500 million for purchasing Twitter and said: “We aim to play our role in merging social networks and web3 to extend the use and implementation of cryptocurrencies and blockchain technologies.
On this news, Dogecoin’s capitalization has approached the $20 billion level, and the price of the coin has more than doubled, and is currently ~$0.14. Have you managed to make any money on this?
Voice of the People
Users reacted positively to this news, most are happy with the newly present volatility. But what is without gossip and rumors. Let’s listen to a couple of them:
— “Did Binance invest in buying Twitter for a reason, or has everyone already forgotten about $TWT? They want to push it as a future official wallet on the site. Well done. By the way, $TWT recently updated ATH (All time high) to bitcoin. Looking forward to the dollar…”
— “Binance’s involvement was obvious, with their wallet and CZ’s posts about DeFi’s focused development.”
Briefly about TrastWallet and the $TWT token
Trust Wallet — is Binance’s official decentralized wallet that gives maximum user assurance, reliability and security. This wallet has a native TWT management token that gives owners the ability to participate in votes to manage the wallet.
Where can I buy $DOGE and $TWT?
On our service you can buy or sell $DOGE / $TWT for both fiat and digital currencies: Banks of Russian Federation, Ukraine, Kazakhstan and other CIS countries, payment systems, as well as more than 45 cryptocurrencies and stabelcoins. Fast, high quality and in any volume.
Links
- Dogecoin community
- WhitePaper
- Wiki-portal
- TrastWallet IOS / Android
- TWT website