Elon Musk To Go Public with Twitter (X) in New Cooperation – Can it Push Dogecoin (DOGE) Price to $0,08?

• Supporters of the popular Doge memecoin are optimistic about the near future as they look forward to a much-needed price pump.
• The sentiments precede speculations that the memecoin might be integrated into the X platform, formerly Twitter, anytime soon. 

In the coming months, the cryptocurrency market is anticipating a possible integration of assets like Bitcoin and Dogecoin into the X social media platform, formerly known as Twitter.

This comes as community members fuel rumors that suggest that Elon Musk, the CEO of Twitter, and Bill Ackman, the CEO of Pershing Square Capital Management, are working towards a promising collaboration in the near term.

As shared by the Wall Street Journal in a recent report, Bill Ackman, the Billionaire and CEO of Pershing Square, has his eyes peeled on the X social media platform.

According to the report, Ackman is hoping to enter a deal with Elon Musk who has been heading the social media platform since October of 2022, not long after its former CEO Jack Dorsey stepped down from the position.

Although Musk has been active on the X social media platform, the billionaire has yet to make any public comments regarding Ackman’s statements. Notably, Ackman has gained more than 800,000 followers on X.

Will Dogecoin make its way into the X platform as a payment option?

Prior to his recent comments, Ackman recently revealed that its investment platform SPARC, has gained regulatory approval from the U.S. States Securities and Exchange Commission (SEC).

The regulatory approval makes it possible for SPARC to focus on and invest in privately held companies and migrate them publicly.

As he explained in a post shared on X; 

If your large private growth company wants to go public without the risks and expenses of a typical IPO, with Pershing Square as your anchor shareholder, please call me. We promise a quick yes or no,

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His recent post, coupled with his comments made in reference to Elon Musk’s X, have spearheaded interesting conversations. Market players are speculating that both Billionaires could strike a partnership that could make Twitter public.

In addition to this, market players are hopeful that crypto assets like Bitcoin (BTC) and Dogecoin (DOGE) could make their way to the social media platform.

Recall that Elon Musk had previously made some remarkable statements, revealing that X might include alternative payment options on the platform for its users. When asked if cryptocurrencies like Dogecoin will be integrated into the platform, Musk confirmed that it will be considered.

It bears mentioning that Elon Musk, dubbed “Doge Father,” has been vocal about his support for the memecoin on many different occasions. Musk has branded memecoin as the cryptocurrency of the people. At report time, Dogecoin is trading at a press time price of $0.0577.

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