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Elon Musk's recent purchase of the social media company Twitter has been great for Dogecoin. The popular meme coin was one of the few coins that grew amid the crypto crash. However, Doge could go much higher if Musk's plans for Twitter succeed.
Dogecoin is a meme coin that was originally created as a joke in 2013. However, it recently gained mainstream attention thanks to the endorsement of Tesla CEO Elon Musk. In January 2021, Musk called the "Dogefather" and tweeted about dogecoin multiple times, leading to a surge in its value. Many retail investors jumped on the trend, pushing the value of dogecoin up by over 800% in a month. That surge briefly made it the fourth-largest cryptocurrency in terms of market cap.
If Musk's Twitter investment is successful, this could inspire a whole new wave of startup funding. That's why one of the biggest crypto plays in the coming months is Orbeon Protocol.
Orbeon Protocol is a crowdfunding and venture capital platform that allows anyone to invest in startups. Orbeon seeks to democratize the venture capital space, allowing investments from just $1.
Orbeon Protocol is a blockchain-based platform that promises more security for investors than traditional venture capital and crowdfunding sites. If the startup doesn't meet its fundraising goal, smart contracts refund the investment automatically. With its emphasis on security and transparency, Orbeon is poised to revolutionize the world of cryptocurrency investment.
Orbeon Protocol's ORBN token is currently in the first stage of its presale, trading at $0.004. Some analysts predict that it will soon rise to $0.24, which would be a massive 6000% increase!
Now, Doge is pumping again after Musk officially took control of the social media platform Twitter. Musk has made big changes to the platform. Probably one of the biggest so far is introducing an $8 subscription plan which comes with a blue checkmark.
But Musk has bigger plans for Twitter. In a recent interview, he said that he wants to make Twitter into a "super-app" like China's WeChat. WeChat includes functionalities such as online shopping and payment services in addition to its messaging service.
That's why many Dogecoin investors call for Musk to make Twitter accept payments in Dogecoin. Many Dogecoin holders said that they would get the $8 Twitter subscription if they could pay in Dogecoin. Moreover, if Musk makes Twitter a super-app, users could potentially start using Dogecoin to send each other money through Twitter. Only time will tell if this will really happen, but in the world of crypto, anything is possible.
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
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