Dogecoin
was plunging Friday as hopes faded that the “meme” cryptocurrency favored by Elon Musk could be boosted through the integration of crypto payments on his newly acquired Twitter.
Plans to build a crypto wallet for Twitter appeared to be on pause, the Silicon Valley tech newsletter Platformer reported Thursday. The report was enough to send Dogecoin into a tailspin, down 11% over the past 24 hours to less than 12 cents per token, having hit a recent peak of almost 16 cents on Tuesday.
