Dogecoin (DOGE) climbs as Twitter goes X

The DOGE course rose by more than 5% in a bear market on Monday. The rise follows the change of identity from Twitter. Elon Musk is a fervent supporter of Dogecoin.

The price of parody cryptocurrency Dogecoin (DOGE) has jumped by more than 5% in the wake of the name and logo change from Twitter.

Read:  Crypto institutional platform Fractal raises $6M

The social networking application is now called X and abandons its blue bird logo for a more classic ” X “.

CEO Elon Musk has also added the logo Ðwhich seems to refer to Dogecointo his bio on the platform.

The American billionaire makes no secret of his enthusiasm for the memecoin token. Earlier this year, he replaced Twitter’s logo with the Dogecoin symbol, once again causing turbulence in the token’s price.

Dogecoin (DOGE) 24-hour price – source: Messari

DOGE is one of the only notable assets on the crypto market to post a rise this Monday afternoon. BTC, ETH and XRP are down 2.2, 1.2 and 6.4% respectively.

Read:  Loro Piana issues certificates of authenticity with Aura Blockchain

To followCrypto news and Web3find on TwitterLinkedin, Facebook or Telegram

The Best Online Bookmakers September 27 2023

BetMGM Casino