Dogecoin (DOGE) apparently responded favorably to Burger King UK’s recent tweet referencing an unknown coin that no one in the community seems to know about.
The UK branch of the popular fast food chain caused a stir last week when it tweeted that it wanted an “office doge”, following an unusual request from a cryptocurrency user to “We need doge”.
The Dogecoin community immediately reacted to the tweet, causing the price of this memecoin to spike.
Dogecoin Community Reacts to ‘BiteCoin’
Over the weekend, Burger King UK once again wowed the crypto community on Twitter with a tweet that read: “brb, I’m making BiteCoin.”
According to the latest Coingecko update, doge price it is up almost 1.0% in the last 24 hours and 4.5% in the last seven days. The fast food giant’s tweet caught the attention of Dogecoin enthusiasts, who noted the company’s previous references to “Doge.”
brb I’m making BiteCoin
— Burger King (@BurgerKingUK) April 8, 2023
Burger King’s recent discussions of DOGE have generated a lot of excitement, particularly among cryptocurrency fans who are hoping the fast food chain will start accepting their preferred digital currencies.
Burger King’s interest in DOGE
In a move that sparked more attention towards Dogecoin, Burger King Brazil made an exciting announcement in 2021 that its Dogpper dog snack would be available for purchase with the cryptocurrency. The fast food giant went on to promote the product across the country through an advertisement, which led to further exposure of Dogecoin.
Image: Black Enterprise
Later that year, Burger King and Robinhood collaborated to offer US customers a cryptocurrency giveaway that included an impressive 20 Bitcoins, 200 Ether, and 2 million Dogecoins.
Despite these crypto-friendly initiatives, it remains unclear if Burger King UK plans to allow customers to purchase meals with Dogecoin at its restaurants.
The love of Twitter users for DOGE
Dogecoin recently experienced a noticeable spike in value when Twitter users noticed that their home buttons had been replaced with the beloved Doge meme.
In just one week, DOGE jumped an impressive 35%, providing an indication of the level of influence social media platforms can have in the market.
According to LunarCrush, a social analytics platform, it was an eventful week for Dogecoin, with its average hourly social domain rising to 7.54%, which is a significant increase of 212%.
Additionally, the average number of unique social contributors per hour increased by an impressive 381%, while total social engagements skyrocketed to 1.97 billion, an increase of 990%.
Crypto total market cap at $11.5 billion on the daily chart at TradingView.com
Given the positive response from Twitter users, analysts are confident that the latest turn of events will have a significant impact on Dogecoin’s growth trajectory.
In fact, many predict that DOGE will hit an all-time high before the end of the year, making it an exciting time for the Dogecoin community.
-AP/Unsplash Featured Image
