DOGE jumps as Twitter displays Dogecoin logo

The price from DOGE is envolé Monday evening while Twitter changed its logo and currently uses theemblem of the famous same corner.

Twitter’s blue bird was replaced by a shiba inu yesterday around 7pm for a large number of users. The new logo refers to the same Doge and especially to Dogecoin, the favorite cryptocurrency ofElon Musk.

The social network did not no official announcement regarding this change but the CEO and new owner of the platform quickly tweeted about it.

Source: @elonmusk

Elon Musk posted a first tweet referring to the logo change and a tweet sent earlier today.

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Then a second tweet, which includes the phrase as promised” accompanied by a screenshot of a tweet published in March 2022 in which the American billionaire was discussing with a user who proposed the idea of buy Twitter and change the logo by a doge “.

Source: @elonmusk

Following the logo changethe price of the parody token has risen by more than 25%. and briefly exceeded 0.1 dollar. It is currently trading at around $0.095, still up 22% over 24 hours.

Dogecoin (DOGE) 24 hour price – Messari

Elon Musk has been making eyes at the same corner for a few years now. The founder of Tesla and Space X has in the past influenced its course on several occasions.

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Last year, during the Twitter buyout process, the digital coin’s price also experienced some bumps. A number of investors felt that the token could be integrated into Twitter following its acquisition.

The American entrepreneur has already mentioned the possibility of bringing crypto-currencies as a payment method on the social network and announced to accept DOGE On his electric car brand’s merchandise store in 2022.

The arrival of the Dogecoin logo on Twitter intervenes while Reuters recently reported that as part of the trial pitting Musk against investors accusing him of manipulating the price of DOGE, the billionaire’s lawyers had called the attack a work of fantasy fiction”.

There is nothing illegal about tweeting supportive words or funny pictures about a legitimate crypto-currency that continues to hold a market capitalization of nearly $10 billion,” his lawyers said.

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