Look up! Dogecoin is in the sky, quite literally

Sahana Kiran
Source – Unsplash

Is it a bird? Is it a plane? No, it’s just our friendly crypto neighborhood dog, Dogecoin [DOGE]. The OG meme crypto was seen floating in the sky during an event. Earlier today, Tesla formulated an event called ‘Cyber Rodeo’ at Gigafactory Texas in Austin. Elon Musk took his love for the dog-themed crypto to the sky. During the event, Musk, with the help of drones created a giant Dogecoin in the sky.

The Dogecoin community was ecstatic following this visual.

The Tesla CEO has been extremely bullish on DOGE. As Musk was addressing the crowd, an individual went on to scream “To the moon.” Musk reciprocated by saying “to the moon indeed.”

Following this, Dogecoin took off. The altcoin was up by nearly 5 percent over the last couple of hours. During press time, the dog-themed cryptocurrency with trading for $0.1509. The entire week was positive for DOGE as it pocketed gains up to 11.49 percent.

Will Dogecoin be the face of Twitter?

After being overshadowed by Shiba Inu’s popularity DOGE was back to attaining its throne. Despite being the OG meme crypto, DOGE was sidelined with the onset of the 2021 meme coin revolution. Now, with Elon Musk amassing control over Twitter, the community is expecting DOGE to veer under the spotlight.

The addition of Dogecoin into the Twitter tipping jar feature is highly sought after. While Twitter hasn’t been responding to the community’s requests for onboarding the meme coin, Musk’s latest acquisition could change this narrative. In a recent tweet, the co-founder of the coin, Billy Markus pointed out the reasons why Twitter should include DOGE.

Being the largest shareholder and a board member of the social media platform comes with its own set of benefits. As a result, the community was speculating that Musk would be making an array of Dogecoin-centric developments in the space.