It has been a bearish winter sweeping across the crypto sector for some time now. However, the last few days have cheered the crypto sector and its investors. Bitcoin, Ethereum, and Cardano are all surging in value. Bitcoin (BTC) and Dogecoin (DOGE) are suddenly on a tango together. It was happening when BTC stagnated between $18K and 19K for weeks together. However, in the last 24 hours, BTC and DOGE are surging together.
Dogecoin(DOGE) surged by 10% and, when reports last came in, was trading at $0.06627076. It showed a 24 hrs. high of $0.06696646 and a low of $0.05943935. It had a total market cap of $9.05B and a circulating volume of $712.93M, according to the price tracking platform CoinMarketCap
Experts point out that the rise of Bitcoin (BTC) and Dogecoin (DOGE) can be attributed to the news of Twitter’s plans to bring out a crypto wallet. A section of the crypto community opines that Twitter’s crypto wallet could be bullish for BTC and DOGE.
Twitter Crypto Wallet: Will It Have Bitcoin (BTC) and Dogecoin (DOGE)
Reports point out that Twitter is set to launch a web 3.0-based crypto wallet and support crypto deposits and withdrawals. However, these are only rumors, and there has not been any confirmation from Twitter. However, the reports are not without any basis since Elon Musk is in the process of a takeover over Twitter. It is a well-known fact that Musk, a massive supporter of crypto, had already batted for crypto integration into Tesla payments.
The crypto community is optimistic that Bitcoin (BTC) and Dogecoin (DOGE) will feature in the Twitter crypto wallet.
Mason Versluis, a crypto influencer, said, “Twitter is working on a crypto wallet prototype that supports deposits and withdrawals. Which cryptos will be supported? $DOGE? $BTC? $XRP? All the stars are aligning; if you can see, you can see; if you can’t, just wait.”