Dogecoin

<ul><li>The Twitter CEO Elon Musk responded to a popular Dogecoin community member.</li><li>DOGE price increased by over 3.3% to $0.077137 following Musk&#39;s post.</li></ul>In a joke tweet, prominent Dogecoin supporter and tech billionaire Elon Musk mentioned a &#34;fee for visiting Twitter headquarters,&#34; which should be paid in DOGE. A user who asked about visiting this social media platform&#39;s headquarters received a response from<a href="https://thenewscrypto.com/elon-musks-tweet-inspired-memecoin-surged-over-51/" rel="noopener noreferrer nofollow"> Elon Musk</a>.Musk responded ironically that it would cost 3 DOGE. This may have renewed speculation among<a href="https://thenewscrypto.com/tag/dogecoin/" rel="noopener noreferrer nofollow"> Dogecoin</a> traders and investors. That is the cryptocurrency will eventually be recognized as a form of payment on Twitter. The popular DOGE price increased by over 3.3% to $0.077137 following Musk’s post.Due to his recent remarks regarding Federal Reserve (Fed) plans, Musk has recently gained media attention. In a statement, Musk claims that switching from low-interest savings accounts to high-interest money market accounts is a significant factor in why depositors are leaving banks.Musk demanded a 50 basis point rate reduction to save the melting banks before yesterday’s Fed rate decision. In addition, he supported the idea of mandating the FDIC briefly insure all deposits above the $250,000 limit to stop bank runs.

Elon Musk Revived Dogecoin Price With a Tweet

TheNewsCrypto

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