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What is the Next Step for Dogecoin and Evergrow Coin After the Acquisition of Twitter?
With more information leaked about how Doge can play a role in Twitter’s future, the prices of Dogecoin and Evergrow coin are increasing today.
Within hours of twitter accepting Elon Musk’s bid to privatize the social media giant, Dogecoin’s price soared 31%. Evergrow coin rose 60% after strategically previewing the new NFT series, including Tesla and SpaceX brand assets, for its new lunasky NFT market. So, after the acquisition of twitter, what is the next step for Dogecoin and Evergrow coin?
Evergrow Coin will Launch LunaSky NFT Market and Gator Content Platform
Evergrow coin is currently priced at $0.0000003553 — according to coinmarketcap. Evergrow coin’s next step is to fully launch lunasky. The NFT market is expected to attract investors’ attention because it is based on a cheaper and faster binance smart chain (compared with the high gas charges of the Ethereum main network).
The collection of 15000 Evergrow coin NFTs, each worth $100, will be the first to be launched on the market. Evergrow coin team has announced that all profits will be used to buy back and burn Evergrow coin, reduce supply and raise EGC price.
Later, in the second quarter, the crator content subscription platform will decline. Crator will aim to attract content creators into cryptocurrency by offering lower commissions (5%) than only fans (20%) and patreon (9-12%). Coupled with the real-time transaction speed brought by cryptocurrency, Gator is expected to disrupt the content creation space when it falls.
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It is Suggested to Use Dogecoin as a Means to Reduce Twitter Spam Robots
The current price of Dogecoin is $0.1318. This is a 1% price increase in the past 24 hours, indicating that Dogecoin’s price ended a week’s loss.
This is when more information about the possible role of Dogecoin is slowly revealed. One of the main purposes of Elon Musk’s reform of Twitter is to get rid of robot driven spam on the platform.
Investor and Dogecoin supporter Mark Cuban proposed a unique mechanism on twitter this week, which can see the role of Doge in combating twitter spam. Kuban suggested that Twitter users take out a Doge to access unlimited posts. If someone doubts that a post or user is spam and is confirmed, they will receive a Doge collateral as a reward.
If the disputed post is not spam, competitors will lose their own 1 Doge. Musk responded to Dogecoin founders Billy Marcus and Cuban, saying it was a good idea. Earlier, Elon Musk had suggested that Dogecoin become a payment system on Twitter and told it to fund tips and even twitter blue subscriptions.
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