Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Dogecoin Is Pumping Again Today

TheMotleyFool

0 0

This morning's impressive move in Dogecoin (CRYPTO: DOGE) has resulted in the most-recent higher high for this meme token this year. As of 10 a.m. ET, Dogecoin had surged 6.6% higher over the past 24 hours, while most major tokens (and the overall market) saw declines.

This move follows a series of reports that Elon Musk, a longtime Dogecoin supporter, is looking to transform Twitter into a payments platform, potentially allowing cryptocurrencies to be used for payments down the road.

This announcement comes a few months after the social media company registered as a payments business, and hinted at a "coins" feature being released, which would allow content creators to be awarded via digital tokens, in a similar fashion to rival Reddit.

Source Fool.com

Like: 0

DOGE

Share