One of two Dogecoin founders welcomes new DOGE use-case idea related to Elon Musk
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Now, the Dogecoin community has supported an idea of using DOGE as payment for X merch if such merch is ever sold by the social media giant that belongs to Elon Musk. The idea was suggested by a DOGE enthusiast on X @dogeofficialceo.Billy Markus, known on social media as Shibetoshi Nakamoto, who created DOGE in collaboration with Jackson Palmer in 2013, has also cast his vote in support of this playful idea.
Cryptocurrency trader and analyst Ali Martinez has taken to his X account to share a Dogecoin price prediction that can turn real in the near future.Commenting on a DOGE/USDT chart, on which DOGE is about to break out from the declining pattern, Martinez tweeted that Dogecoin now needs to break above the $0.169 resistance level. If that happens, he said, then the largest meme cryptocurrency could start on a 27% rally and reach the $0.209 level.
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 frequently post DOGE memes in the past 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 certain yet. Things are to be clarified after Nov. 5.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017.
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