Following Elon Musk’s Twitter acquisition confirmation last week, the price of Dogecoin (DOGE) went through the roof. For the first time since May of this year, DOGE surpassed the $0.01 mark and temporarily exceeded $0.14. On Monday, DOGE took a small breather, but it was not to last long.
As numerous members of the Dogecoin community predicted, a tweet from Musk would be enough to start another DOGE rally. And Musk did not disappoint the Dogecoin community.
At 00:17 EDT, the CEO of Tesla and SpaceX tweeted the following image, which shows a Shiba Inu, the memecoins mascot wearing a Twitter shirt and a pumpkin with a Twitter logo.
— Elon Musk (@elonmusk) November 1, 2022
Even though Musk only added a winking smiley as text, it was clear to the community that DOGE will soon be integrated as a payment method on Twitter. It was precisely this rumor that also drove the…