Dogecoin rallies 30% after Twitter logo changes to DOGE
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Dogecoin rallies 30% after Twitter logo changes to DOGE

A visit to the social media platform would show the users the Dogecoin's logo instead of Twitter's bird mascot.

Oluwapelumi Adejumo
By Oluwapelumi Adejumo
Senior Reporter CryptoSlate
1 min read
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Dogecoin (DOGE) rallied roughly 30% on the 1-hour candle to $0.09796 after Twitter's website logo changed to the meme coin.

Dogecoin Twitter Logo
Source: Tradingview

A visit to the social media platform would show the users the meme coin's logo instead of Twitter's bird logo.

The Elon Musk-led company gave no prior notice about its actions, catching the community unaware.

Meanwhile, this is not the first time Musk's action has swayed market sentiments. Since Musk's Twitter acquisition, there have been growing speculations about the cryptocurrency's role on the social media platform.

Musk is also facing a $258 billion racketeering lawsuit related to his tweets and mentions of the meme coin.

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Mentioned in this article

Related Asset Dogecoin #11 DOGE $0.09 24-hour change: down 0.05% Loading price history… 24H Down 0.05% 7D Down 7.67% 30D Up 23.44% Related Company X Social media company Related Person Elon Musk CEO · Tesla
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Featured Adoption Dogecoin logo Dogecoin

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Oluwapelumi Adejumo
Oluwapelumi Adejumo
Senior Reporter CryptoSlate

Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.

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