NewsletterBreaking: Elon Musk Changes Twitter Logo To Dogecoin; DOGE Price Skyrockets Over 25%
What comes as a surprise to many and especially to the crypto community, Elon Musk’s Twitter seems to be taken over by the canine-themed memecoin, Dogecoin (DOGE). Users across the globe have reported the change where Twitter’s 17-year-old “bird” logo swiftly updated into that of a Shiba Inu — a prominent dog breed that has its roots in Japan.
Twitter Logo Changed To Dogecoin
Elon Musk has long been a proponent of Dogecoin and has, directly and indirectly, promoted the cryptocurrency over the micro-blogging site. From “literally” sending the memecoin to the moon, to accepting it as a payment means for purchasing Tesla merchandise — Musk hasn’t shied away from showing his fondness for the coin which is currently valued at a market cap of $13 billion. And now, the 51-year-old tech mogul has taken a step further and changed the brand logo of Twitter.
Read More: These Three Major Crypto Exchanges Are Merging Into One To Create A Binance Rival?
Dogecoin (DOGE) Price Shoots Up
What many are terming to be a lately deployed April fool’s prank, the new Twitter logo is expected to be temporary and it is possible that Twitter could reinstate the original at some point later today. In light of this news, the memecoin has skyrocketed in price and as things stand, the price of Dogecoin (DOGE) is currently exchanging hands at $0.096. This represents a gain of 25% in the past thirty minutes in comparison to an increase of 20% recorded over the last 24 hours.
Also Read: Arbitrum Faces Severe Backlash Over Plans To Sell 750M Tokens; ARB’s Price In Danger?
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