Dogecoin paved the way for the current expansion of the meme currency world. However, Dogecoin took off when Tesla CEO Elon Musk started to embrace the cryptocurrency and began posting about it. DOGE’s price has increased with each favorable tweet from Musk since then.
Dogecoin increased by more than 100% following Twitter’s acquisition, with people expecting that Musk would incorporate it into Twitter. Musk has also been quiet about his intentions to integrate Dogecoin into Twitter following the purchase.
All of that has altered now that Twitter’s logo has been transformed into Dogecoin. As a result, the price of DOGE has risen.
Twitter’s blue bird emblem has been updated with the Dogecoin picture in one of the most recent changes to the social media giant. It is currently unknown whether this is a lasting alteration to the Twitter logo. It could also be Musk telling the DOGE community that he is still interested in the meme currency.
Dogecoin’s price has risen by 22.56% as a result of this shift. At press time, DOGE was selling at $0.09796, indicating that the currency was on the rise. According to CoinMarketCap data, the market capitalization of DOGE has increased by 25.5%.