There is ongoing speculation that Dogecoin is going to be part of Elon Musk Twitter agenda. Already there is a spike in the price of Dogecoin after the official purchase of Twitter by Elon Musk which saw many people who are shorting Dogecoin lose huge amounts of money.
It is speculated that Elon Musk will integrate dogecoin into Twitter to be used for tipping other content creators. This indeed adds a use case to the meme coin. It will likely increase its daily transactions but the question remains, how many people are willing to tip dogecoin to others?
Here, one who wishes to use the dogecoin tipping features will have to buy dogecoin or perhaps send it from his wallet to Twitter. He gives the coin out without anything for himself. One who has been conversant with Twitter will agree with me that a greater percentage of Twitter users are people looking for earning opportunities from several projects and companies on Twitter. Again, Twitter is not like micro Blogging sites where one can earn tokens just by using the platform, thus tipping out dogecoin takes extra energy, and not most people will be willing to give out this energy.
This doesn't mean that such integration won't affect the price of Dogecoin. Elon Musk is a popular figure and if he sees Dogecoin worthy of being integrated into the platform, a lot of people, especially investors will follow suit. It is now left for us to make a decision now on whether to bag more dogecoin or to take the news as one of those rumors and pump news aimed at pumping tokens. For me, having a little Dogecoin isn't bad. You only need a good entry price. This however is not financial advice, ensure you do your research.
On another note, the news has it that Elon Musk has sacked most of the employees on Twitter. There are also rumors that those affected are planning lawsuits against the new owner, for improper discharge from duty. Since it is still rumored, I won't comment much but I believe Elon Musk has the right to change employees. What may be wrong here is the approach to it. It is usually expected that employees are given notice of discharging from duties for months before implementation.