{"id":303462,"date":"2023-04-07T02:52:58","date_gmt":"2023-04-06T21:22:58","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=303462"},"modified":"2023-04-07T04:23:36","modified_gmt":"2023-04-06T22:53:36","slug":"dogecoin-doge-exists-as-twitter-bird-makes-a-comeback","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/dogecoin-doge-exists-as-twitter-bird-makes-a-comeback\/","title":{"rendered":"Dogecoin [DOGE] exits as Twitter bird makes a comeback"},"content":{"rendered":"<ul>\n<li><em>Dogecoin officially exits Twitter as the bluebird reclaims its position<\/em><\/li>\n<li><em>The memecoin saw its price drop immediately after its removal from the social media platform<br \/>\n<\/em><\/li>\n<\/ul>\n<p>Twitter has removed the Dogecoin [DOGE] logo just days after giving it the position of the famous bird. The sudden removal has resulted in the coin&#8217;s price moving south in the crypto market. According to CoinMarketCap, Dogecoin registered a slump of over 6% in the past hour, with the coin trading at $0.08595, at press time. The coin&#8217;s trading volume was over $1 billion in the past day and was still trading in green in the seven-day calendar with an uprise of over 15%.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/dogecoin-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Dogecoin [DOGE] price prediction<\/a> 2023-24<\/p>\n<hr \/>\n<p><figure id=\"attachment_303463\" aria-describedby=\"caption-attachment-303463\" style=\"width: 945px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-303463 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.19.12-PM.png\" alt=\"Dogecoin [DOGE] price chart | Source: CoinMarketCap\" width=\"945\" height=\"399\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.19.12-PM.png 945w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.19.12-PM-300x127.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.19.12-PM-768x324.png 768w\" sizes=\"(max-width: 945px) 100vw, 945px\" \/><figcaption id=\"caption-attachment-303463\" class=\"wp-caption-text\">Dogecoin [DOGE] price chart | Source: CoinMarketCap<\/figcaption><\/figure>Moreover, the recent update has increased the long position on the coin, according to the one-hour chart on Coinglass. The exchange long\/ short ratio was 1.05, with buyers holding a 51.13% position and short sellers holding a 48.87% position. This shows that buyers have started to enter the market for DOGE.<\/p>\n<figure id=\"attachment_303472\" aria-describedby=\"caption-attachment-303472\" style=\"width: 1374px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-303472 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.45.43-PM.png\" alt=\"Dogecoin long\/short ration | Source: Coinglass\" width=\"1374\" height=\"365\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.45.43-PM.png 1374w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.45.43-PM-300x80.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.45.43-PM-1024x272.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-06-at-10.45.43-PM-768x204.png 768w\" sizes=\"(max-width: 1374px) 100vw, 1374px\" \/><figcaption id=\"caption-attachment-303472\" class=\"wp-caption-text\">Dogecoin long\/short ratio | Source: Coinglass<\/figcaption><\/figure>\n<h3><strong>Dogecoin&#8217;s Shiba Inu featured on Twitter<\/strong><\/h3>\n<p>The coin, which features the face of a Shiba Inu dog, witnessed its price jump in the market on Monday after Elon Musk&#8217;s Twitter made it its logo. The change was made on both the website and mobile application. Notably, Twitter did not release a statement on the change of the logo and the reversal of its decision today.<\/p>\n<p>On the change to the Dogecoin symbol, Elon Musk referred to a conversation he had with fellow Twitterati back in March 2022. The user suggested Musk buy Twitter and change the logo to Doge. In a recent Tweet, Musk said,<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As promised <a href=\"https:\/\/t.co\/Jc1TnAqxAV\">pic.twitter.com\/Jc1TnAqxAV<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1642976364080041984?ref_src=twsrc%5Etfw\">April 3, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3><strong>Musk and his DOGE trouble<\/strong><\/h3>\n<p>Notably, Twitter changed the symbol to DOGE days after Elon Musk&#8217;s lawyers asked a US judge to <a href=\"http:\/\/ambcrypto.com\/dogecoin-doge-elon-musk-cites-this-reason-to-dismiss-258-billion-lawsuit\/\" target=\"_blank\" rel=\"noopener\">dismiss a lawsuit<\/a> filed against him with regard to the memecoin. A Dogecoin investor alleged that the billionaire ran a pyramid scheme to promote and manipulate the cryptocurrency. The lawsuit also extends to Musk&#8217;s electronic car manufacturing firm &#8211; Tesla, his space tourism firm &#8211; SpaceX, and other platforms.<\/p>\n<p>The investor claims that Musk and his entities profited billions of dollars from Dogecoin at the expense of investors. This was because the coin&#8217;s price was mainly driven by marketing. As a result, the investor is seeking $258 billion in damages. However, Musk&#8217;s legal team wants to dismiss this lawsuit <a href=\"https:\/\/www.reuters.com\/legal\/elon-musk-seeks-end-258-billion-dogecoin-lawsuit-2023-04-01\/\" target=\"_blank\" rel=\"noopener\">claiming<\/a> that there was &#8220;nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin officially exits Twitter as the bluebird reclaims its position The memecoin saw its price drop immediately after its removal from the social media platform Twitter has removed the Dogecoin [DOGE] logo just days after giving it the position of the famous bird. The sudden removal has resulted in the coin&#8217;s price moving south in<a href=\"https:\/\/ambcrypto.com\/dogecoin-doge-exists-as-twitter-bird-makes-a-comeback\/\">Continue reading <span class=\"sr-only\">&#8220;Dogecoin [DOGE] exits as Twitter bird makes a comeback&#8221;<\/span><\/a><\/p>\n","protected":false},"author":25,"featured_media":303465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-303462","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dogecoin [DOGE] exits as Twitter bird makes a comeback - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Twitter has removed the Dogecoin [DOGE] logo just days after giving it the position of the famous bird. 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