Dogecoin skyrockets after Elon Musk’s statement about building a mobile phone

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Elon Musk Reveals Crypto Plans for Twitter in Leaked Transcript

Elon Musk’s ambitions and dreams seem to have no end. Liz Wheeler, an American journalist, wondered what Musk would do if Apple and Google removed Twitter from the app stores. “The man builds rockets to Mars, so a simple smartphone should be a piece of cake,” says Wheeler.

Musk responds

It didn’t take long for the billionaire to respond to Wheeler’s message. “I hope we don’t get to that point, but if there’s no other choice, I’ll make an alternative smartphone,” Musk said. This statement by Musk was of course immediately taken up by the Dogecoin community, who immediately started speculating about the possibilities for the cryptocurrency.

“Elon Musk’s Tesla Smart Phone Will Accept Dogecoin! Fast and worldwide internet via Starlink. Free from censorship and one global number? A processor chip based on artificial intelligence,” said Crypto Daily Trade Signals with a very optimistic analysis of the alternative smartphone. It wouldn’t be entirely surprising if Musk already has a smartphone prototype ready somewhere.

Dogecoin in the air

In the hours after these messages, the Dogecoin price has started to rebound. For the past 24 hours, the project is up 11.94 percent. This puts Dogecoin at a price of $0.0917 and a market cap of $12.17 billion. With that market cap, it is well ahead of Shiba Inu, the biggest competitor in the field of memecoins.

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