Dogecoin (DOGE) seems to have responded positively to Burger King UK’s recent tweet mentioning a little-known coin that no one in the community seems to be aware of.
The UK branch of the popular fast food chain caused a stir last week when it tweeted about wanting a “desk dog,” following an unusual “we need a dog” request from a cryptocurrency user.
The Dogecoin community immediately responded to the tweet, driving up the price of these memcoins.
Dogecoin community interacts with BiteCoin
Over the weekend, Burger King in the UK once again stirred up the crypto community on Twitter with a tweet that read, “brb I’m making BiteCoin.”
According to the latest update on Coiningecko, DOGE price It is up about 1.0% in the last 24 hours and 4.5% in the last seven days. The fast food giant’s tweet caught the attention of Dogecoin fans, who noticed the company’s previous references to “Doge”.
I am making BiteCoin
– BurgerKingUK April 8, 2023
Burger King’s recent discussion of DOGE has generated a lot of excitement, especially among cryptocurrency enthusiasts who are hoping the fast food chain will start accepting their favorite cryptocurrency.
Burger King’s interest in DOGE
In a move that has sparked growing interest in Dogecoin, Burger King Brazil made the exciting announcement in 2021 that its Dogpper dog snack will be available for purchase using the cryptocurrency. The fast food giant went on to promote the product across the country with an advertisement, which led to more exposure to Dogecoin.
Image: Black Enterprise
Later that same year, Burger King and Robinhood teamed up to offer US customers a crypto giveaway that included 20 Bitcoins, 200 Ether, and 2 million Dogecoins.
Despite these crypto-friendly initiatives, it remains uncertain whether Burger King UK plans to enable customers to purchase meals with Dogecoin at its restaurants.
Twitter users love DOGE
Recently, Dogecoin has seen a significant surge in its value as Twitter users have noticed that their home buttons have been replaced by the beloved Doge meme.
In just one week, DOGE has jumped an astonishing 35%, providing an indication of the level of impact social media platforms can have on the market.
It was an eventful week for Dogecoin, according to LunarCrush, a social analytics platform, as its average hourly social dominance rose to 7.54%, which is a significant increase of 212%.
On top of that, the average hourly unique social contributors increased by a staggering 381%, while total social interactions rose to 1.97 billion, an increase of 990%.
Crypto total market cap at $11.5 billion on the daily chart at TradingView.com
Given the positive response from Twitter users, analysts are confident that the recent turn of events will have a significant impact on Dogecoin’s growth trajectory.
In fact, many are predicting that DOGE will reach an all-time high before the end of the year, making it an exciting time for the Dogecoin community.
-Featured image from AP/Unsplash