Billy Markus, co-creator of DOGE USD, commented on Tesla Inc TSLA CEO Elon Musk's now revived bid to purchase Twitter Inc TWTR.
Markus comments came on Tuesday on Twitter. He said whether Musk buys Twitter and makes it better or ruins the platform, it's a win-win. Markus said when a user suggested what if Musk decides to delete Twitter, it seems like a great idea. Another Twitter user asked what if Musk bans all criptocurrencies and then goes on to make Twitter better, but without us? Markus said he can get more productive with his hobby - adding a win-win win. How do I buy Twitter TWTR Shares?
Why It Matters: Doge coin's gains outstripped those of other major coins in intraday trading as Musk is seen as a DOGE bull who could integrate the meme coin into the Jack Dorsey-founded platform.
Musk made a statement on Tuesday, referring to the creation of X, a super-app that does everything and encompasses Twitter. There is no clarity on what functions this yet-to- be-created app would have.
After the entrepreneur called off an agreement to purchase the social media website, Musk and Twitter were embroiled in a legal battle.
The price action went up on Tuesday with both the Doge coin and the Twitter shares going up. The platform's shares rose 22.3% to $52.01, while DOGE was seen trading 7.6% higher at $0.06, according to data from Benzinga Pro.
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