Dogecoin Soars After Twitter Replaces Its Blue Bird Logo With the Token's Dog
Twitter CEO Elon Musk updated the social media platform's blue bird top on its homepage with the cryptocurrency iconic Shiba inu dog coin logo.
After an hour of the logo change, Elon musk tweeted out a cartoon meme that was his first public comment.
Elon musk showing interest in Dogecoin, the doge logo featured in viral memes in what appears to be a late April fool's day gag from Elon Musk.
The official Dogecoin Twitter account tweeted "Very currency wow much coin how money. so crypto" in response.
As of now, Elon musk has not explained the reason for the change but some users speculated it was an April fool's day.
It came just days after Elon musk petitioned a court in the US to dismiss a lawsuit filed against him by Dogecoin investors for $258bn over an alleged pyramid scheme.
After this change, the Dogecoin price has been boosted immediately, The live Dogecoin price today is $0.096395 with a 24-hour trading volume of $4,165,466,747. Dogecoin is up 24.25% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $13,379,218,175. It has a circulating supply of 138,795,226,384 DOGE coins.