The hashtag “PayMeInDogecoin” is trending on Twitter Inc.’s (NYSE:TWTR) social media platform within the U.S. at press time as backers of the meme cryptocurrency Dogecoin (CRYPTO: DOGE) look to push its value increased.
What Occurred: The hashtag had a tweet quantity of 32,700 at press time, indicating the assist it has from the Dogecoin group.
— (@itsALLrisky) June 24, 2021
See Additionally: How To Buy Dogecoin (DOGE)
Supporters of the Shiba Inu-themed coin urged each other to push the hashtags “PayMeInDoge” and “paymeindogecoin” to the highest two trending spots on Twitter.
— PayMeInDogecoin.crypto (@PayMeInDogecoin) June 24, 2021
In the meantime, supporters of apex cryptocurrency Bitcoin (CRYPTO: BTC)are trying to make the hashtag “PayMeInBitcoin” trending within the U.S. as nicely. The hashtag had a tweet quantity of 28,000 at press time.
Earlier this month, Dogecoin followers and supporters of Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk – a significant backer of the meme cryptocurrency – had tried to counter supporters of Bitcoin by making the hashtag “WeLoveElon” trend on Twitter.
Why It Issues: Cryptocurrencies, notably Bitcoin, are seeing elevated mainstream adoption since late final 12 months.
It was reported in December that NFL participant Russell Okung agreed to obtain a portion of his wage as Bitcoin, marking the primary time an expert athlete in any main U.S. sport can be paid within the apex cryptocurrency.
Earlier this month, San Jose Sharks turned the first NHL team to just accept cryptocurrencies similar to Bitcoin, Dogecoin and Ethereum (CRYPTO: ETH) for big funds. Different skilled sports activities groups that already settle for Bitcoin for funds embody the Dallas Mavericks and Sacramento Kings of the NBA.
Value Motion: Dogecoin is buying and selling 22.6% increased over the past 24 hours at $0.2834 at press time on Thursday. Bitcoin traded 6.7% increased at $34,925.34 over 24 hours at press time.