Twitter Changes Logo to Dogecoin, DOGE Price Surges
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Dogecoin, a cryptocurrency that started as a meme, has been on a steady rise since Tesla CEO Elon Musk began to embrace the coin on Twitter. The of DOGE tends to increase every time Musk tweets positively about it. Recently, Twitter updated its logo to that of Dogecoin, leading to a surge in the price of the coin.
Twitter’s new Dogecoin logo
Twitter, one of the largest social media platforms, recently updated its logo to Dogecoin’s image, replacing its iconic blue bird. It is unclear whether this is a permanent change or merely Musk’s way of reminding the DOGE community that he still remembers the meme coin. Users who cannot see the new logo can view it by accessing private or incognito mode.
JUST IN: Twitter updates its website logo to Dogecoin .
— Watcher.Guru (@WatcherGuru)
DOGE price increases by over 22%
After the logo change, the price of Dogecoin has risen by 22.56%, trading at $0.9796 at press time. The market cap of DOGE has also increased by 22.5%, according to CoinMarketCap data.
The rally comes after many people hoped that Musk would integrate Dogecoin into Twitter following the acquisition of the social media platform. While Musk has been less vocal about his plans to integrate DOGE into Twitter, the recent update could signify a renewed interest in the cryptocurrency.
In conclusion, the recent Twitter update to the Dogecoin logo has once again sparked interest in the meme coin. With Musk’s support and the new Twitter update, Dogecoin could see more growth in the coming days. However, it is crucial to remember that cryptocurrencies are highly volatile, and investors should exercise caution while trading.