Dogecoin Becomes New Twitter Logo? DOGE Rises 18% Amid Confusion
April 03 2023 - 2:48PM
NEWSBTC
The Shiba Inu representing cryptocurrency Dogecoin (DOGE) has taken
over social media Twitter, as the company could have a new logo.
Multiple users reported that the Shiba Inu, the popular Japanese
pet, substituted the “bluebird” as the default loading image and
main logo, as seen in the image below. Related Reading: Bitcoin
Addresses With At Least 1 BTC Nears A Million, BTC Steadies Above
$28,000 On the social media, users have been speculating about the
new Dogecoin Twitter logo. Many believe this could be part of a
poorly implemented late “April’s fool” joke. A pseudonym user said:
Doge for some reason is showing up on Twitter and I can only assume
this was supposed to be an April Fools joke that took 3 days to
roll out because no one knows how the site works anymore (…). Also
retweets might be broken now? Apparently they don’t show as
retweets properly? probably broke that to implement the stupid dog
icon, i don’t know anymore. Dogecoin Traders Chase Speculation Data
from monitor CoinGecko indicates that Dogecoin has seen a 20% rally
over today’s trading session. While the rest of the market is
moving sideways, money flowed into DOGE pushing its price above the
critical resistance level at $0.097. Even before Elon Musk bought
Twitter, traders have been speculating on DOGE and its capacity to
trend beyond anyone’s expectations. When Musk took over as CEO of
the social media, he promised more integration with the
cryptocurrency. Therefore, DOGE as the new Twitter logo could be
part of a bigger strategy to put the meme king in the center stage
of the social media’s crypto capabilities. Market participants are,
at least, betting on further momentum. Wtf is elon doing
pic.twitter.com/zFHU2h3Kqr — Tree of Alpha (@Tree_of_Alpha) April
3, 2023 Related Reading: Bitcoin Addresses With At Least 1
BTC Nears A Million, BTC Steadies Above $28,000 A pseudonym trader
that keeps track of DOGE’s price action, stated the following on
DOGE’s potential to continue its current trend: Might re-enter if
Elon, or Twitter official accounts, come out and says something
quite positive about it (possible implementations). Your next step
is likely tracking those two and keeping an eye out for anything
Doge-related.
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