Twitter logo change took everyone by surprise on Tuesday morning as they woke up to a new look social network and micro-blogging platform, Twitter as the Blue Bird trademark icon has been changed to Doge Shiba Inu overnight. Twitter owner, Elon Musk commented on the Twitter logo change saying that the same was in the pipeline for a while, especially after he took over the reins.
Reactions from all quarters on the changed Twitter Logo
Even though memes flooded social media platforms worldwide, the preordained trend, helped surge Dogecoin’s value by more than 30% worldwide. The new Twitter mascot logo helped the meme coin surge reach $0.1016, which is believed to be at a month’s high. The Twitter logo change follows the $258 billion lawsuit accusing his approach of his operating techniques to support the Cryptocurrency, Dogecoin.
Rallying for the Twitter Logo associated with Crypto
Even though an overnight surge of 30% took the digital currency industry by storm, as an after-effect of the changed Twitter mascot, analysts believe that the surge might not be a sustaining or consistent one due to its weak fundamentals. However, Elon Musk has been hopeful of Dogecoin reaching its peak with the current publicity stunt, though analysts beg to differ.
Twitter logo – History of Dogecoin
Dogecoin happens to be the 8th largest Cryptocurrency and is estimated to have a market cap of $13.49 billion. The said Crypto has always been supported by Elon Musk and the recent publicity stunt to raise the value of the said currency is said to have been planned. In the last 24 hours, the value of Dogecoin surged up to 30% after Twitter replaced the token’s mascot as its logo on the web version of the platform. The price of the meme coin has increased up to $0.1016, which is its highest price in more than a month.
The current price of Dogecoin is $0.0972 with a 24-hour trading volume of $4,252,201,950 and a market cap of $13.49 billion. It has a circulating supply of 13.88 billion DOGE coins.
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