After Tesla CEO Elon Musk’s takeover of Twitter, his beloved dog Dogecoin (DOGE) is flying high with joy. Twitter is introducing a new NFT Tweet Tills feature that will improve the use case. While Dogecoin has been on the rise for a few days, Musk’s Twitter’s ‘NFT Tweet Tiles’ move sent DOGE to the moon.
Dogecoin moon passenger fired by Elon Musk
cryptocoin.com As you follow, Tesla CEO and DOGE lover Elon Musk’s takeover of Twitter is making DOGE pump after pump. According to data from CoinMarketCap (CMC), the original meme coin Dogecoin (DOGE) has seen an increase of around 60% in the last 24 hours. However, later sales came and the price dropped a bit. The price increase coincides with Twitter’s latest announcement regarding another development in the Non Fungible Token (NFT) market.
According to CMC statistics, DOGE saw around $0.1485 level during the day. The altcoin, backed by Tesla CEO and DOGE fan Elon Musk, has risen 56% in the last 24 hours and more than 126% in the last seven days, reaching a 10-week high. Meanwhile, it’s important to remember that on October 18, Dogecoin’s hash rate hit a seven-month high of 815 TerraHashes per second (TH/S).
NFT Tweet Tills move from Twitter
Elon Musk, the billionaire CEO of the American EV manufacturer, recently bought Twitter for $44 billion. As the deal draws near, Twitter has shared multiple cryptocurrency announcements over the past week. Also, Twitter announced its “NFT Tweet Tiles” test on Thursday.
According to the microblog site, the platform plans to launch a brand new feature called ‘NFT Tweet Tiles’, which is a dedicated panel within a tweet that shows markets listing Non Fungible Tokens (NFT) and specific NFT. Twitter developers are expected to bring this exciting new NFT concept to life very soon to ‘impress the Tweet experience’, announced on October 27th.
Recently, the famous tech phenomenon Jane Manchun Wong announced that she is “working on a wallet prototype that supports Twitter cryptocurrency deposits and withdrawals”. This development emerged just four days after this announcement. It looks like Twitter’s hexagonal logo and NFT verification method will expand with the company’s new NFT Tweet Tiles. Meanwhile, NFT sales have declined significantly over the past 12 months. Also, the 30-day statistics show a 22.01% decrease compared to the previous month. In the previous month, NFT sales totaled $423.91 million. Total historical sales exceeded $40 billion this month.
