Price: $0.42833 -2.616%
Market Cap: 62.93B 1.8912%
Volume (24h): 12.07B 0.4%
Dominance: 1.8912%
Price: $0.42833 -2.616%
Market Cap: 62.93B 1.8912%
Volume (24h): 12.07B 0.4%
Dominance: 1.8912% 1.8912%
  • Price: $0.42833 -2.616%
  • Market Cap: 62.93B 1.8912%
  • Volume (24h): 12.07B 0.4%
  • Dominance: 1.8912% 1.8912%
  • Price: $0.42833 -2.616%
Home > Information news > Is Elon Musk Quietly Funding DOGE Development?

Is Elon Musk Quietly Funding DOGE Development?

Release: 2023/09/04 21:00 Reading: 369

Original author：Coin Edition

Original source：https://coinmarketcap.com/community/articles/64f5d273d825e943f54efc11

  • Elon Musk, the owner of social media app Twitter, is aiming to bring out a major “PayPal update” to Twitter.
  • Musk is reported to be quietly funding Dogecoin development as well. 
  • DOGE currently trades at $0.06331, after a climb of 1.50% over the past week.
According to recent reports, Elon Musk the billionaire tech entrepreneur, is aiming to bring out a major “PayPal update” to Twitter. Many speculate that this could cause widespread crypto market chaos. Additionally, Musk is reported to be quietly funding Dogecoin development. 
As per a recent Forbes article, Musk is now planning to turn Twitter into an updated version of PayPal, and is currently working on acquiring licenses for the same. DOGE fans have speculated that it is possible DOGE could be registered as a payment option in the updated Twitter app.

Musk has already stated several times that there are plans to upgrade Dogecoin to rise above Bitcoin and other major crypto, and become what he calls the “currency of Earth.” Back in July, the billionaire replaced the Bird picture on Twitter (X) for a day with an image of the Dogecoin symbol. Following this, DOGE fans rejoiced and believed …

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