With a meteorite rise of more than 115% medium Tesla Corporation TSLA president Elon Musk The acquisition of social networking giant Twitter, the popular memecoin Dogecoin DOGE / USD has replaced Cardano ADA / dollar to become Eight largest cryptocurrency by market capitalization.
Over the past seven days, Dogecoin trading, which was initially started as a joke, is up over 97% at $0.11 and a market capitalization of $15.5 billion.
Meanwhile, Cardano is currently trading at $0.40, with a market capitalization of $14.0 billion, the ninth largest cryptocurrency.
Doge integration with Twitter
Cardano founder Charles Hoskinson she has expect That with Twitter in Musk’s hands, Dogecoin will soon be integrated into the social networking platform.
“Now that Twitter is in the hands of @elonmusk, I can see a real possibility that Doji will somehow merge with the platform,” chirp.
“It should be a side chain from Cardano,” Hoskinson added. “I’ll migrate for free. I’ll even add smart contracts.”
Musk took control of Twitter On October 27, after spending $44 billion to buy the social networking site.
Dogecoin saw a massive increase in its price after it became known that Musk will take over the social media site by the end of the week.
Musk, widely known as the “Godfather,” has yet to provide any specific details about his plans for the satirical coin.
Shiba Inu to follow in the footsteps of the Doji
Santiment . Market Information Platform advertiser That dogs icon Shiba Inu Chip / US dollar Historically, Dogecoin price hikes have followed, so investors can see a rise in SHIB in the future.
according to For WhaleStats Alert Tracking Service, Top 5,000 Whales Have $94,297394 worth a chip.
next one: Jeff Bezos should probably buy Ethereum: AWS servers host a huge chunk of crypto computing power
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