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Dogecoin Soars After Twitter Replaces Its Blue Bird Logo With the Token's Dog
Yahoo! Finance ^ | April 3, 2023 | Stephen Alpher

Posted on 04/03/2023 1:49:59 PM PDT by Yo-Yo

Dogecoin (DOGE) surged more than 35% after Elon Musk's Twitter replaced the social-media platform's familiar blue bird atop its homepage with the cryptocurrency's iconic Shiba Inu dog logo.

DOGE got as high as $0.1046 versus around $0.077 right before the logo change. Before Monday, its price last exceeded 10 cents in December, according to CoinDesk data.

Musk has frequently touted DOGE, suggesting the meme coin may offer better payments functionality than bitcoin (BTC). In January the Financial Times reported that Twitter was designing a system to permit payments through the social-media platform. While Musk, who is the CEO, wanted Twitter "first and foremost" to be for fiat currencies, he sought the ability to add cryptocurrencies – a story that gave the price of DOGE a lift.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: cryptocurrency; doge; elon; musk; twitter
Twitter's Troller-in-Chief:

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1 posted on 04/03/2023 1:49:59 PM PDT by Yo-Yo
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To: Yo-Yo

Where is the “Not this shit again” guy?


2 posted on 04/03/2023 1:59:16 PM PDT by Vermont Lt
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To: Yo-Yo

LOL...I was wondering where that came from :-)


3 posted on 04/03/2023 2:05:53 PM PDT by Jane Long (What we were told was a conspiracy theory in ‘20 is now fact. Land of the sheep, home of the knaves)
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To: Yo-Yo

And that’s how easy it to influence fake currency


4 posted on 04/03/2023 2:19:30 PM PDT by NWFree (Sigma male 🤪)
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To: Yo-Yo

Dogecoin is a $hit coin. It was created as a joke.

Anyway, it is still way below it’s all time hight price of .55 cents.


5 posted on 04/03/2023 4:38:30 PM PDT by Enlightened1
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