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David Gokhshtein Forecasts a Looming DOGE ATH Should Musk Integrate the Asset into Twitter

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David Gokhshtein sees Dogecoin hitting a new all-time high should the speculated Twitter integration materialize.

Taking to Twitter, founder of Gokhshtein Media and former US Congressional candidate David Gokhshtein predicted a possible surge to a new all-time high for Dogecoin if the speculations of the asset’s integration into Twitter’s payment system are valid.

Following billionaire Elon Musk’s takeover of Twitter, several cryptocurrency proponents have claimed a possible implementation of a payment system that includes Dogecoin. The billionaire’s advocacy for the meme coin has fueled these speculations.

Musk recently gave the community hints of a possible Twitter and Dogecoin partnership, causing the asset to surge to levels not seen in over five months. Gokhshtein believes this relief rally could lead to a rise above the asset’s previous ATH if the integration materializes.

“If it’s true from Elon’s hint yesterday about possible implementing $DOGE into Twitter, it easy will pass its ATH,” Gokhshtein remarked in a tweet Wednesday. 

Gokhshtein highlighted that DOGE could rally to its previous ATH above $0.74 in May of last year, even when speculations of a Twitter integration were not around to fuel a massive bullish atmosphere. 

Meanwhile, the rumors of Musk implementing a DOGE payment for Twitter have persisted in the past few days. As The Crypto Basic previously reported, Dogecoin influencer Matt Wallace claimed that Musk confirmed to be currently working on a DOGE payment for the bird-themed social platform.

The Tesla boss himself has neither explicitly confirmed nor denied the recent speculations. For example, when asked if he plans to implement a Dogecoin payment for Twitter, Musk chose to dodge the question by replying with the eyes emoji.

Despite his refusal to state a definite standpoint, most of Crypto Twitter have chosen to believe the billionaire is making plans to implement a Dogecoin payment. Recall that Musk’s Boring Company debuted its “Burnt Hair” perfume in mid-October, allowing payments in Dogecoin.

The seemingly constant hints from Musk have been particularly favorable to Dogecoin. Consequently, the asset started November on a kindly note, surging to $0.15 on the first day of the month amidst these speculations. 

Despite facing a fierce rejection at the $0.15 level, DOGE has held up quite well above the $0.13 zone. The asset has gained by 94% in the past week, currently trading at $0.1303 as of press time. Musk implementing a Dogecoin payment for Twitter will likely contribute to the asset’s recently-engineered rally.

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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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