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Dogecoin price has been pumping, while this event may have pushed it upward

The price of Dogecoin has increased for the second day in a row. The cost increased earlier today by more than 5%. Elon Musk made a tweet earlier this week that may have helped the price rise a little bit.

Dogecoin  Soars 6%+, Here’s What May Be Pushing It

Sir Doge of the Coin (@dogeofficialceo), a prominent DOGE-themed account, asked Musk if he would be open to chatting with the DOGE community via Twitter Spaces.

The DOGE community would welcome the opportunity to ask Musk some questions, discuss memes, etc. In response, Elon Musk said he was quite busy but would be able to do the Spaces audio conversation “closer to Christmas.”

Musk is still very busy, according to @dogeofficialceo, but he and the DOGE troops are optimistic. The day after tomorrow is Christmas, therefore, buyers may have been driving up the price of DOGE this week in anticipation of the potential Spaces conversation.

Introducing Dogecoin as a choice for micropayments/tipping content providers on Twitter could be one of the possible topics during this chat. Earlier this year, Elon Musk suggested to the firm board that DOGE be used to receive payments for Twitter Blue.

dogecoin-price-has-been-pumping-while-this-event-may-have-pushed-it-upward

DOGE/USD 4-hour chart | Source: TradingView

Aside from that, the primary cryptocurrency exchange Bitstamp listed Dogecoin this week. The meme coin has increased in value from $0.0747 to $0.0773 as of the time of this writing.

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