So yesterday was officially a big day for the planet earth’s richest man Elon Musk.
Twitter already officially accepted Elon Musk’s $41 Billion offer and now all are set to be finalized next Monday the deal will be close to an amount of around $46 Billion with all the expenses. So it means now the most influential social media platform will be ruled under Elon Musk’s realm.
What’s Next Elon Musk Plan?
We all know Elon Musk is not spending his money on useless ideas and useless innovations.
So why would Elon spend $46 Billion on Twitter? 10 years ago Facebook was the main social media platform after that many social media platforms were born. In earlier days Twitter was not popular but after many professionals and companies joined Twitter, it almost became a platform for professionals.
So just think about owning a platform full of professionals. Twitter has great potential says Elon. Elon Musk has already shown what is the power and the what is potential Twitter has got. If you are a crypto fanatic you should remember how Elon just turned down the market upside just in a single tweet.
Bitcoin was able to make an all-time high price with Elon Musk’s tweet in which he said Tesla will accept Bitcoin for payments. With a single tweet, he can change a market or an economy. Elon Musk doesn’t use Facebook or any other platform to spread that news. He only uses Twitter.
So after officially, Twitter accepted Elon’s offer, Dogecoin Elon’s favorite Cryptocoin appreciated by 7.7%. At the end of the day almost it was 25.8% appreciated.
Not only Dogecoin, main meme coins like Shiba Inu, Dogelon mars, and Floki Inu also had a good significant uptrend.
The meme token market is nearly $35 billion and yesterday it climbed 9.4% at the end of the day. Twitter shares were also up by a significant amount of 5.6%. So you can clearly be seen without even talking about meme coins, it was already up due to the reason Elon musk owns Twitter.
Most people predict Elon will change Twitter in a significant way,
Specially Elon musk already said he will make it free, he meant about allowing everyone free speech. Furthermore, Elon will add Dogecoin to the Twitter tipping jar. Bitcoin and Ethereum are already in this Twitter tipping Jar.
Twitter blue comes with a subscription fee with premium features so he may allow dogecoin to make payments.
Some say he will change the logo but at this moment it may be pointless.
Somehow Twitter employees are not happy with twitters management because they claim management didn’t hint about accepting Elon’s bid till the last minute. Twitter has locked down the feature and ability of its employees to make changes to the Twitter platform.
This was to prevent employees from s making destructive moves as an act of revenge for its management.
So we need to wait and see what will Elon Musk do with Twitter, Tesla, and his meme coins. Just some advice to all crypto fanatics.
Yesterday Dogecoin up was a direct sniper shot that was inspired by Elon and Twitter. So there may be a huge downfall in the next few days. Hold your hands don’t be in a rush just wait and see.