Tech billionaire and Dogecoin (CRYPTO: DOGE) advocate Elon Musk made a joke about a fee for visiting Twitter headquarters, which he suggested should be paid in DOGE.
Responding to a user who expressed interest in visiting the social media company's head office, Musk quipped that it would "cost 3 Doge."
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Ok, but it will cost 3 Doge
— Elon Musk (@elonmusk) March 23, 2023
This is significantly less than the $8 USD monthly fee that Twitter charges for a blue verification check.
At the time of writing, three Dogecoin is valued at $0.077.
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Following Musk's tweet, the price of Dogecoin, the largest meme token by market cap, experienced a surge, rising over 4% to reach $0.0785.
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The price has since dropped slightly to $0.0776 on the Binance exchange.
The Dogecoin community has been hoping that Musk will adopt the cryptocurrency for tipping creators and micropayments on Twitter.
Two anonymous wallets recently transferred a total of 930 million Dogecoin, worth $71,940,654, to other unknown wallets, data shows.
It is unclear whether these transfers were OTC trades. Some speculate that they may be in response to Musk's tweet, as whales are known to be sensitive to the influencer's comments about DOGE.
Photo: courtesy of Dunk on flickr and Shutterstock