The price of DOGE has skyrocketed amid persistent rumors of Twitter launching its own digital currency, Twitter Coin.
As expected, once Elon Musk takes over the social media company, his favorite meme digital currency will be integrated one way or another.
Dogecoin price hike:
Dogecoin price jumped more than 6% in response to the "Twitter Coin" rumor.
Its price has also increased by 13% over the past seven days.
As the price of DOGE traded at an average of $0.104.
Then the price of the currency fell to trade at the time of preparing the article for the price of 0.100
Several reports indicated that Twitter is developing a monetization tool, including adding a digital currency as a means of payment and dealing on the platform.
Is the time right to invest in DOGE?
It is still not clear whether the social media giant will choose Dogecoin or another cryptocurrency.
Several trackers have mentioned that there is no indication in the code that the digital currency is DOGE.
Earlier, Dogecoin founder Billy Marcus shared his issue regarding banned accounts tweeting about the coins meme.
To this, Elon Musk replied that his team was being tough on spam.
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Crypto entered the mainstream era with this move.