Why Bitcoin And Dogecoin Are Pumping Together: The Big Reason

In the midst of a dull bear market cycle, Bitcoin and Dogecoin are suddenly on a pump together. This comes at a time when Bitcoin (BTC) maintained the $19,300 for most part of the last 7 days. In what could be a huge boost to the BTC community, the top cryptocurrency took a huge jump in the last 24 hours. Meanwhile, DOGE has been on a steady rise in last 24 hours, rising hopes for a potential altcoin

Dogecoin (DOGE), the largest memecoin by market capitalization, had the much needed pump. The rally of nearly 10% took it close to its one month high level of $0.066. As of writing, DOGE price stands at $0.06589, up 9.12% in the last 24 hours, according to price tracking platform CoinMarketCap. The rise of BTC and DOGE can be attributed to the news of Twitter’s plans to bring out a crypto wallet. A section of the crypto community felt the Twitter crypto wallet could be bullish for BTC and DOGE.

Twitter Crypto Wallet: Bitcoin and Dogecoin To Feature?

On Tuesday, reports suggested Twitter was working on launching a web 3.0 based crypto wallet product. The Twitter wallet prototype would support crypto deposits and withdrawals, reports suggested. However, Twitter has not made any official announcement on this yet.