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    Dogecoin payment for blue check marks, Twitter Blue is getting pricier by the day as DOGE price skyrockets

    By Darius McQuaid

    15:20, 1 November 2022

    Elon Musk's Twitter account displayed on a phone screen and Twitter logo displayed on a laptop screen
    Dogecoin is up by 127.63% compared to the previous week on 1 November - Photo: Getty Images

    Elon Musk, CEO of Tesla, SpaceX and now Twitter, has been heavily criticised for proposing that influential people on the microblogging platform should pay for their verified blue check marks.

    Musk has suggested that verified users should pay a monthly fee for the blue ticks on their handle, with the price ranging from $5 to $20.

    The author Stephen King made his opinion clear of what he thinks of this move, tweeting: “F*ck that, they should pay me.”

    Musk responded to King with a tweet that said: “We need to pay the bills somehow! Twitter cannot rely entirely on advertisers. How about $8?

    “I will explain the rationale in longer form before this is implemented. It is the only way to defeat the bots and trolls.”

    DOGE to USD 

    Dogecoin rally

    However, Musk’s announcements and purchasing of Twitter have all resulted in a price rise for dogecoin (DOGE).

    Musk has been alluding to DOGE integration since he took over the company and tweeted out an image of a dog with a Twitter logo wrapped around it, and a Hallowe’en pumpkin with a Twitter logo on 31 October with a winking face emoji.

    BCH/USD

    491.30 Price
    -2.180% 1D Chg, %
    Long position overnight fee -0.0753%
    Short position overnight fee 0.0069%
    Overnight fee time 21:00 (UTC)
    Spread 2.50

    XRP/USD

    0.50 Price
    +0.770% 1D Chg, %
    Long position overnight fee -0.0753%
    Short position overnight fee 0.0069%
    Overnight fee time 21:00 (UTC)
    Spread 0.01168

    ETH/USD

    3,096.68 Price
    +0.390% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 21:00 (UTC)
    Spread 6.00

    BTC/USD

    63,391.40 Price
    +0.420% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 21:00 (UTC)
    Spread 106.00

    David Gokhshtein, who has a blue tick check mark on Twitter, said in response to this: “Elon out here letting everyone know that he’s essentially going to make DOGE the main cryptocurrency on Twitter.”

    Gokhshtein is the founder of Gokhshtein Media, a blockchain media company.

    Dogecoin is enjoying price increases across the board. It is up by 12.51% compared to the previous day and 127.63% to the previous week on 1 November according to CoinMarketCap.

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    0.1567624
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    Twitter Blue

    When Musk was Twitter’s largest shareholder earlier this year, he suggested that everyone who signs up for Twitter Blue could potentially pay for it with DOGE.

    Twitter Blue offers users “exclusive access to premium features” and has only been launched in the United States, Canada, Australia and New Zealand so far.

    Currently, users pay $4.99 per month for Twitter Blue.

    Markets in this article

    DOGE/USD
    DogeCoin / USD
    0.1567624 USD
    -0.0021105 -1.340%

    Related topics

    #Dogecoin #Cryptocurrency

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