Adam Clay
7.2K posts

Adam Clay retweetledi
Adam Clay retweetledi
Adam Clay retweetledi
Adam Clay retweetledi

Adam Clay retweetledi
Adam Clay retweetledi
Adam Clay retweetledi


Elon Musk has replaced Twitter's bird logo with the Dogecoin mascot, causing $DOGE to surge 25% in less than an hour. The Twitter website now features the Shiba Inu dog from Dogecoin instead of the iconic blue bird logo. Despite being viewed as "a joke," Dogecoin has a market cap of over $13 billion.
Some experts believe Musk might be planning to transform Twitter into a payment service, allowing users to transfer both fiat and cryptocurrencies. This speculation follows Twitter's application for regulatory licenses to operate as a payment processor in the U.S. and Musk's pitch deck to investors in May, which first mentioned payments for Twitter.
Musk's companies, such as Tesla and SpaceX, have previously adopted Dogecoin as a form of payment. Tesla has also admitted to holding Dogecoin and Bitcoin in the past.
Musk has requested a Manhattan judge to dismiss a $258 billion racketeering lawsuit accusing him and Tesla of running a pyramid scheme to support Dogecoin's price. Musk's lawyers argue that tweeting support and sharing humorous pictures do not amount to fraud. The lawsuit alleges that Musk and his companies made false and misleading statements about Dogecoin and manipulated the cryptocurrency's price using their social media platforms. Musk denies these allegations and maintains that Dogecoin is a legitimate cryptocurrency.
English
















