After the Platformer reported that Twitter suspended the research and development of the data encryption currency wallet, the price of Dogecoin has now fallen by more than 11%

This is what happened shortly after Elon Musk, CEO of Tesla Motors, took over the social media business

The controversial recycling business is called the proactive development trend of Dogecoin. Musk once hinted that it was possible to integrate memetics into social network platforms, but at present that is just a theoretical probability

Earlier this week, Bernstein indicated that it was not "unscientific" to hope Twitter would have data encryption in the future

After Musk recycled Twitter, the price of Dogecoin increased by three digits. However, according to the report of the platform, the meme is now one of the worst tokens in the past 24 hours

imageReported by:Jane Manchn Wong, the creator of the technology blog, revealed last month that Twitter is developing its own prototype wallet

In September of last year, Twitter launched a function to enable creators to accept platform fees with BTC. After Jack Dorsey resigned as CEO, the enterprise then strengthened its strong support for Ether in February

A few months ago, the social media service platform also allowed customers to convert its irreplaceable token into a profile image