DOGE Price Jumps 5% After Burger King Hints at Mysterious ‘BiteCoin’

Dogecoin (DOGE) has reacted positively to a recent tweet from Burger King UK referring to 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 tweet Questions about wanting an “office Doge” after crypto users made an unusual request for “we need a Doge.”

The Dogecoin community reacted immediately to the tweet, causing the price of the top memecoin to skyrocket.

Dogecoin community reacts to ‘Bitcoin’

Over the weekend, Burger King UK once again caused a stir on Twitter with this line tweet It says “I’m creating bitcoin”.

According to the latest update from Tradingview, DOGE price is up more than 1.1% in the past 24 hours and 4.9% in the past 7 days. The fast-food giant’s tweet drew attention from fans to previous references to the company about “Doge.”

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Source: Tradingview

Burger King’s recent discussions about DOGE have generated a lot of excitement, especially among crypto fans who want the fast food chain to start accepting its preferred digital currency. surname.

Burger King cares about DOGE

To draw attention to Dogecoin, Burger King Brazil made an exciting announcement in 2021 that the fast food chain’s dog treat, Dogpper, will be available for sale and payment via digital currency. The fast-food giant continues to promote the product across the country through advertising, bringing more exposure to Dogecoin.

Later that year, Burger King and Robinhood teamed up for an impressive giveaway, giving US customers 20 bitcoin, 200 ETH, and 2 million dogecoins.

Despite the crypto-friendly move, it remains uncertain whether Burger King UK plans to allow customers to use DOGE for purchases at its restaurants.

What Twitter users like about DOGE

The price of DOGE jumped recently when Twitter users noticed that their home button had been replaced by their favorite Doge meme.

In just one week, DOGE is up an impressive 35%, showing the power of the social media platform in the market.

It was a successful week for Dogecoin, as the hourly average social dominance increased to 7.54%, a notable increase of 212%, according to social analytics platform LunarCrush.

Additionally, the average social contributor per hour increased an impressive 381%, while the total number of social interactions jumped to 1.97 billion (+990%).

Given the positive response from Twitter users, analysts believe the latest events will have a significant impact on Dogecoin’s growth trajectory.

In fact, many are predicting that DOGE will hit an all-time high before the end of the year, so now is an exciting time for the Dogecoin community.

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according to bitcoinist


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