Musk has replaced the Twitter logo with a Dogecoin masked dog, raising the value of the cryptocurrency

April 4, 2023sundries1 min read

The Dogecoin cryptocurrency has risen in price after American billionaire Elon Musk replaced the Twitter logo with the Dogecoin mascot. The price increased by a quarter.

The image of a Shiba Inu dog named Kabosu, which has become a meme, is present on the service’s loading screen. After the dog, which embodies the Doge meme, appeared on Twitter, the cryptocurrency rose by 25% per day. The price is currently around $0.1, and the market capitalization is $13.7 billion.

In the summer of 2022, Elon Musk was sued for $258 billion. The billionaire is accused of creating a pyramid scheme and manipulating the value of cryptocurrencies. The lawyers are asking the court to dismiss the lawsuit, as the plaintiffs have not provided any evidence in a year.

Sources

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