Twitter has accepted the buyout offer by Elon Musk and the Dogecoin community is rejoicing in the decision. The proof - loads of money that has been pumped into the meme coin since the announcement of the takeover.
Elon Musk, Twitter Inc's biggest shareholder, on Saturday suggested a raft of changes to the social media giant's Twitter Blue premium subscription service, including slashing its price, banning advertising and giving an option to pay in dogecoin.
Elon Musk is not selling his crypto assets like Bitcoin, Dogecoin, and Ethereum despite the probable inflation that will happen in the current industry.
This news comes a few days after Musk had announced that people will be able to purchase Tesla Inc merchandise like the Cyberwhistle and the Cyberquad for Kids using Dogecoin.