Dogecoin rallies 30% after Twitter logo changes to DOGE

Dogecoin (DOGE) rallied astir 30% connected the 1-hour candle to $0.09796 after Twitter’s website logo changed to the meme coin.

Source: Tradingview

A sojourn to the societal media level would amusement the users the meme coin’s logo alternatively of Twitter’s vertebrate logo.

The Elon Musk-led institution gave nary anterior announcement astir its actions, catching the assemblage unaware.

Meanwhile, this is not the archetypal clip Musk’s enactment has swayed marketplace sentiments. Since Musk’s Twitter acquisition, determination person been increasing speculations astir the cryptocurrency’s relation connected the societal media platform.

Musk is besides facing a $258 cardinal racketeering lawsuit related to his tweets and mentions of the meme coin.

The station Dogecoin rallies 30% aft Twitter logo changes to DOGE appeared archetypal connected CryptoSlate.