Several discussions have popped up concerning Dogecoin use cases
Creator of Dogecoins Shibetoshi Nakamoto believes that the simplest and best use case for Dogecoin is still using Dogecoin for tips. The co-founder of Dogecoin stated this while sending a Dogecoin tip using mydogetip.
In recent times, several discussions have popped up concerning Dogecoin use cases. According to the Dogecoin Foundation, its sole aim is to make Dogecoin the global currency accepted for payment of goods and services.
Recently, Tesla CEO Elon Musk indicated that Dogecoin could gain utility if more companies start accepting it. The centibillionaire also hailed the idea of tipping as a use case, saying using Dogecoin to tip creators would be “cool.” However, Musk argues that bridging Ethereum and Bitcoin is unnecessary, despite potential use cases in the Web3 sector.
After Twitter had launched tipping features in Bitcoin and Ethereum last year, DOGE cofounder Billy Markus publicly asked Twitter to implement DOGE tipping as well. According to recent reports, Elon Musk might become Twitter’s interim chief executive officer if his deal with Twitter succeeds. Many believe that Twitter will integrate Dogecoin if Musk gains control of the social media platform.
This may be because the CEO of Tesla has already indicated that he plans to allow users to pay for Twitter Blue subscriptions with Dogecoin.
U.Today reported that Dogecoin may now become part of the Big3 basketball team. Big3 will adopt Dogecoin, resulting in the integration of the MyDoge wallet, allowing players, coaches and teams to earn Dogecoin tips on Twitter with only a tweet. Aliens will also prominently display MyDoge/Dogecoin on team jerseys, events and broadcasts.
Dogecoin is currently trading at $0.126, down 5.79% in the past 24 hours. Dogecoin fell alongside the rest of the market in a selloff. Dogecoin now ranks 12th among cryptocurrencies by market capitalization, according to data from CoinMarketCap.
