Community Explores Dogecoin Tip Jar For Social Media While Twitter’s Crypto Integration Plans Still Unknown

• Twitter is working on integrating crypto payments after Elon Musk applied to make the microblogging platform a financial services company.
• While Dogecoin’s community is waiting for Twitter’s next step, DOGE influencers have designed a hint jar that allows users with wallet addresses to accept hints at no extra charge.
• Experts believe that DOGE continues its upward trajectory and meme coin is gathering liquidity before rising to $0.7777.

Twitter, a popular microblogging platform owned by Elon Musk, has been filed as a financial services company. While the crypto community awaits the social media giant’s crypto integration plans, the DOGE community has identified a tool to accept hints on Twitter and other digital platforms.

The Memecoin price has struggled to recover from its recent drop to $0.0852, and experts believe DOGE is gathering liquidity ahead of its next rally.

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Twitter’s Crypto Plans Remain Unknown, Community Finds Way To Embrace DOGE’s Tip

Twitter’s cryptocurrency plans have been the subject of speculation in the meme coin community since Elon Musk took over the social media giant. Musk is an advocate of the Shiba Inu-themed cryptocurrency DOGE and a self-proclaimed “Dogefather”.

Therefore, the community expects DOGE to become part of Twitter’s unified crypto rollout. Musk and his team have recently applied to a financial services company and are working to develop payment services on Twitter. Musk previously spoke about his vision for Twitter payment processing. This billionaire claims the social media app works perfectly with his linked debit card and bank account.

Doge Whisperer, cryptocurrency influencer and creator of “Tip Jar,” told FXStreet:

I think the first step for Twitter will be to integrate payments using fiat currencies and then add cryptocurrencies later.Dogecoin is Elon Musk’s favorite because it has the characteristics of a true digital currency. It seems. With fast transaction speeds and extremely low transaction fees, DOGE has great potential to become the currency of the internet.

Developed by DOGE enthusiasts, the “Tip Jar” can be used to accept tips on Twitter and other social networks and is gaining popularity. The project is called “Tipmysite” and allows users to add the jar to their website and social media accounts at no extra charge. The chips in the jar can be used at retailers that accept Dogecoin, donated, or given to others as “tips”. Doge Whisperer’s projects help content creators monetize social media and generate additional revenue streams.

Users can convert their chips into their local currency using exchanges such as Coinbase and Kraken. Tips from the jar can be deposited into exchange wallets and withdrawn in local fiat currency.

Dogecoin price is on track for its next rise

Despite the recent Dogecoin price drop, technical analysts believe that DOGE could rise further after gaining liquidity between $0.0669 and $0.0884. Memecoin price has formed two consecutive bullish flags on the chart, with DOGE’s bullish target at $0.7777.

DOGE/USDT 1D Chart

As seen in the chart above, every time the Relative Strength Index (RSI) crosses the moving average line, it is represented by a yellow DOGE price increase. A break below $0.0652 represented by the 38.2% Fibonacci retracement could invalidate competitor Shiba Inu’s bullish thesis.