DogeCoin Soars Over 20% After New Doge Twitter Icon

April 04, 2023

Dogecoin is up 26.93% after Twitter Chief Executive Officer Elon Musk, a long-time fan of the meme token, switched the Twitter icon to the Dogecoin image. 

Dogecoin led the winners among BTC and ETH, surging 18.51% to US$0.09331 for a weekly jump of 28.38%.

Bitcoin dipped 1.20% to US$27,771 in the 24 hours to 9:00 a.m. in Hong Kong and Ethereum gained 0.84%.

Musk also filed in court to dismiss a US$258 billion lawsuit where Dogecoin investors charged him with price manipulation.

Elon Musk tweeted the news yesterday saying, "As Promised". He fulfilled another promise of his on 31 March, open source Twitter code.

Lance Ulanoff savage replies- "If not, are you planning on changing tweets into barks?"

Twitter also speculates that Dogecoin will be the official currency of Twitter.