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Cryptocurrency News Articles
Dogecoin Creator Billy Markus Says "Yes" to Paying for X Merch with DOGE
Nov 03, 2024 at 04:00 am
The idea of the Dogecoin community to promote DOGE and expand the range of its utility cases continues to thrive.
The Dogecoin community continues to brainstorm ways to promote DOGE and expand its use cases, especially after Elon Musk integrated the meme coin as a payment option with Tesla and SpaceX.
Now, the community has rallied behind an idea to use DOGE to pay for X merch if the social media platform ever starts selling it. The idea was initially proposed by a DOGE enthusiast on X @dogeofficialceo.
Billy Markus, who created DOGE together with Jackson Palmer in 2013, joined the conversation and threw his support behind the playful idea.
Dogecoin might see 27% rally, analyst predicts
Cryptocurrency trader and analyst Ali Martinez shared a promising Dogecoin price prediction on his X account.
If #Dogecoin $DOGE breaks above the $0.169 resistance, we could see a 27% rally up to $0.209! pic.twitter.com/seVi6gdoH5
Commenting on a DOGE/USDT chart, on which DOGE is about to break out from the declining pattern, Martinez noted that Dogecoin now needs to breach the resistance level at $0.169. If that happens, he said, the largest meme cryptocurrency could start on a 27% rally and reach the $0.209 level.
Elon Musk sparks crypto army with DOGE post
On Oct. 28, tech billionaire Elon Musk posted a photo of himself taken during one of his recent public speeches in his U.S. tour, where he raises his hands, toughening his biceps in a victorious gesture.
This photo was combined with a DOGE meme where the dog with a human weight-lifter’s body raises hands in the same gesture. Musk is a well-known Dogecoin supporter and lover of memes, who used to post DOGE memes on his Twitter account long before he bought this platform and rebranded it as X.
The DOGE community reacted with a high degree of enthusiasm, seeing that Musk still loves and supports Dogecoin. Musk even prefers to call the recent project where Musk was offered a leading position — D.O.G.E. — that is short for the Department of Government Efficiency. However, the launch of this organization is not yet confirmed. Things are to be clarified after Nov. 5.
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