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 larger.
What Occurred: The hashtag had a tweet quantity of 32,700 at press time, indicating the assist it has from the Dogecoin neighborhood.
— (@itsALLrisky) June 24, 2021
See Additionally: How To Purchase 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)try to make the hashtag “PayMeInBitcoin” trending within the U.S. as properly. 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” pattern on Twitter.
See Additionally: Famed Quick Vendor Says Bitcoin Hasn’t Bottomed Till Dogecoin Slips Beneath 1 Cent
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 knowledgeable athlete in any main U.S. sport will likely be paid within the apex cryptocurrency.
Earlier this month, San Jose Sharks grew to become the primary NHL crew to just accept cryptocurrencies akin to Bitcoin, Dogecoin and Ethereum (CRYPTO: ETH) for giant funds. Different skilled sports activities groups that already settle for Bitcoin for funds embody the Dallas Mavericks and Sacramento Kings of the NBA.
Worth Motion: Dogecoin is buying and selling 22.6% larger over the last 24 hours at $0.2834 at press time on Thursday. Bitcoin traded 6.7% larger at $34,925.34 over 24 hours at press time.
Learn Subsequent: Dogecoin Strikes Main Beneficial properties As Elon Musk Offers A Shout-Out To Meme Coin And Takes Digs At Bitcoin