Elon Musk Suggests Making Dogecoin a Payment Option for Twitter Blue Service

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Elon Musk Suggests Making Dogecoin a Payment Option for Twitter Blue Service – Elon Musk, the CEO of Tesla and SpaceX, has proposed that the meme cryptocurrency dogecoin be accepted as a payment method for the Twitter Blue subscription service. Musk is now Twitter’s top shareholder. He recently stated that he would make major improvements to Twitter.

Since taking a 9.2 percent investment in the firm and promising to make major enhancements to the platform, Elon Musk, the CEO of Tesla and SpaceX, has directly involved Twitter’s users on prospective upgrades to the social media network.

The authentication checkmark is one of the ideas he’s been talking about on Twitter. Musk suggested that anyone who signs up for the $3-per-month Twitter Blue membership service should receive an authenticating checkmark.

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Also Read: Trends Study Says Dogecoin Is the Most Googled Cryptocurrency in the US

In June of last year, Twitter Blue, a monthly membership service, was launched. It’s accessible in Australia, the United States, New Zealand, and Canada right now. Twitter noted, “An active Twitter Blue subscription offers you access to premium functionality like Undo Tweet.” Before their tweets are sent, blue subscribers have 20 seconds to alter them.

The Spacex CEO confirmed the price of Twitter Blue, which includes the authentication checkmark. The authentication checkmark “should be different from a ‘public figure’ or ‘official account’ checkmark,” Musk stated.

The price of dogecoin has risen as a result of Tesla CEO recommendation about DOGE payments. DOGE was trading at $0.144240 at the time of his tweet. At the time of writing, it had increased 8.45 percent to $0.156430.

Supporters of Dogecoin are ecstatic to hear Musk reaffirm his support for the cryptocurrency, describing the action as “very positive.” In the crypto community, the Tesla executive is known as the Dogefather.

Musk has previously stated that he owns bitcoin, ether, and dogecoin, and that he will not sell any of them. He released a dogecoin video earlier this month, claiming that it “explains everything.”

Also Read: Elon Musk Complains About Cryptocurrency Scammers on Twitter

Bitcoin, he believes, is more of a store of wealth, while dogecoin is the greatest cryptocurrency for transactions. He earlier stated that dogecoin is the cryptocurrency of the people. Tesla, his electric car company, now takes the meme cryptocurrency as payment for select products.

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