The hashtag “Dogecan” is trending on Twitter Inc.’s (NASDAQ:TWTR) social media platform within the U.S. at press time, because of curiosity within the widely-popular meme cryptocurrency Dogecoin (CRYPTO: DOGE).
What Occurred: The hashtag had a tweet quantity of 6,573 tweets, indicating the help it has from the Dogecoin group.
Dogecan is a potential Dogecoin-inspired scent that was teased by Axe, a number one males’s deodorant model, in a tweet on Tuesday. Axe indicated in a brand new tweet that Dogecan can be launched on July 20.
Dogecoin co-creator Billy Markus too famous that Dogecan is trending on the social media platform, simply hours after he commented that the Dogecoin lovers could have the pleasure of “smelling like doge in a couple of days.”
— Shibetoshi Nakamoto (@BillyM2k) July 16, 2021
Famed Dogecoin investor Glauber Contessoto, who goes by the username ‘SlumDOGE Millionaire” on Twitter, mentioned he’s aiming for Dogecoin to achieve the milestone of $1 in worth with “Dogecan.”
#dogecan GO TO $1 DOLLAR!
— SlumDOGE Millionaire (@ProTheDoge) July 16, 2021
In the meantime, one other supporter of the Shiba-Inu themed coin posed the query on Twitter as to what scent individuals thought Dogecan could have.
See Additionally: Why Is Child Doge Coin Surging As we speak?
Why It Issues: Axe first launched the thought of a Dogecoin-inspired scent on April 20 this yr – a day celebrated as “Doge day” by the Dogecoin group. At the moment, the corporate mentioned it’s going to introduce the scent if Dogecoin’s worth touched $1.
Nevertheless, the worth of Dogecoin is presently nowhere close to the focused milestone.
Whereas the meme cryptocurrency’s year-to-date achieve stands at a powerful 3,193.2%, it’s down 74.6% from its all-time excessive of $0.7376 reached in Could.
Value Motion: Dogecoin is down nearly 3.9% over the past 24 hours, buying and selling at $0.1865 at press time.
Learn Subsequent: In style Crypto Dealer Says He Would Purchase Dogecoin If It Fell To This Stage