Elon Musk is one of those billionaire personalities who can influence the value of a stock or crypto coin with a simple tweet. So many people hang on his every word, the FCC has to keep tabs on what’s happening.
This was especially true and continues to be true of Dogecoin. After purchasing Twitter, Musk tweeted a picture of a Shiba Inu wearing a Twitter t-shirt. This was a clear reference to incorporating Dogecoin, or even Shiba Inu coin, into the newly acquired social media platform. The mysterious tweet resulted in Dogecoin rallying 23% in a single day. That’s a bump of 14 cents and shows how much sway Musk holds over the crypto market.
They are floating a new rule where you can keep your blue verified checkmark on Twitter for $20 a month. Perhaps this pay model will accept one of these meme coins as payment.
Other meme coins are also seeing a rise in popularity like Toon Finance Coin. Toon Finance is a decentralized platform that is looking to disrupt Play-to-earn (P2E) gaming. As of now, there isn’t much to write home about for crypto gaming. The experience across the boards is lackluster at best. Toon Finance is looking to change that with Space Battle Grounds.
This is where you’ll play against a random player one on one to see who can win coins from one another. It’s a way to make coin trading and exchange a fun activity. You can easily quadruple your coin holdings in a single battle.
Toon Finance plans to keep adding to the experience with other games like coin battles and even checkers. By incorporating it all into the metaverse with NFTs and Toon Finance Coin, the user experience is about to get a real shot in the arm.
Nobody can predict exactly what Elon Musk will do next, but if Toon Finance is a sign of what the meme coin sphere can do, we’re not against the support.