Bitcoin BTC price is flat, Ether ETH price in the red as a long weekend begins.

Dogecoin is apparently booming because people think Elon Musk may soon integrate a permanent dogecoin payment system on Twitter, the microblogging platform he overpaid ($43 billion) for. Twitter has several million daily active users, many of them high profile, and if even a small percentage start transacting in DOGE – as a joke or not – it’s not completely irrational to speculate that this translates by a higher price. Note that Twitter already offers payment/tipping features using US Dollars and the Bitcoin Lightning Network. The latter is rarely used, giving an indication of how often the even less widely adopted and even less trusted crypto dogecoin would (or would not) be used.