Twitter gets its logo back, Dogecoin backs off

The social network Twitter removed theimage from shiba inu and displays again his original logo. The course of the Dogecoin (DOGE) a quickly dropped following the change.

The blue bird from Twitter is back. On Thursday night, the microblogging platform bought by Elon Musk last year removed the logo representing a shiba inu dog meme and referring to the cryptocurrency Dogecoin.

While DOGE had jumped nearly 30% and briefly exceeded $0.10 following the adoption of its emblem by the social network, the price of the tokenwhich was already losing momentum in recent days, lost nearly 7% of its value following the change and evolves this Friday morning around 0,085$.

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Dogecoin (DOGE) 24 hour exchange rate – Tradingview

Elon Musk, who publicly supports Dogecoin and had tweeted about it after the change on Tuesday, has so far not commented on the return of the blue bird.

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Correction on 07/04/2023 at 4:36pm: a previous version of this article stated that the price of DOGE was $0.85, not $0.085

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