Dogecoin dog replaces Twitter logo on homepage, meme token's price soars 30%
The price of dogecoin spiked after Twitter made the surprise change.
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2y agoNiche cryptocurrency dogecoin spiked more than 30% on Monday after Twitter CEO Elon Musk replaced the blue bird on his company's website with an image of a shiba inu, the digital coin's logo.
Musk, an infamous promoter of memes, has often latched on to Dogecoin’s internet popularity, even before buying Twitter.
Twitter inexplicably changed its web logo to an image of the Shiba Inu dog that adorns the “joke” cryptocurrency, briefly pushing its price to more than $0.10 for the first time in months as Twitter’s owner Elon Musk tries to fend off a lawsuit accusing him of using dogecoin as part of a pyramid scheme.