Every cryptocurrency project has its uptime and downtime, and the leading meme coin, Dogecoin, is no exception.
However, it has seen more good times, especially following the endorsement it continually gets from Tesla’s Elon Musk.
One of its best times came in 2021, when it reached an all-time high of $0.6. Recently, Elon Musk revealed that the number one meme coin could be accepted for payment for some Tesla products.
Following the recent development in the Twitter board, with Elon becoming the highest shareholder in the microblogging company, many questions have emerged about the possibility of Dogecoin being added to the Tipping Jar. Remember, the billionaire is fondly regarded as the “father of Dogecoin.”
If this happens, Dogecoin will be among the only few cryptocurrencies like Bitcoin and Ethereum in the Twitter tipping jar. This is, however, left to be seen soon.
Dogecoin seems an ideal tipping token
In the heat of the recent development, Billy Markus, popularly known as Shibestoshi Nakamoto, the creator of Dogecoin, has given his opinion on the issue. According to him, there is “no reason to not add Dogecoin to the tipping jar.”
He further states that Dogecoin has been an ideal tipping coin on the internet since its creation in 2013.
Apart from the creator, other top influencers of the meme coin have also expressed optimism that Dogecoin will be added to the Twitter tipping jar.
The entirely crypto market entered a downtrend in the last 48 hours. But some are already bouncing back, including Dogecoin. It has recovered over 5% since that down movement.
If Twitter’s newest and biggest board member, Elon Musk, eventually adds Dogecoin to the Tipping jar, that could signal another bull run soon.