The price of the crypto token dogecoin spiked 33% on Monday after Twitter replaced its familiar blue bird logo with the image of a shiba inu dog.
Twitter CEO Elon Musk has touted the token for years.
On Friday, Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of pumping the cryptocurrency. The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution.Niche cryptocurrency dogecoin spiked more than 30% on Monday after Twitter CEOreplaced the blue bird on his company's website with an image of a shiba inu, the digital coin's logo.
The change comes days after attorneys for Twitter and Musk asked a federal judge to toss out a $258 billionthat accused the billionaire of manipulating the token's price and driving it up over 36,000%. After the logo was altered to a shiba inu, Musk shared a meme about the change to his 133.5 million followers on Twitter. The dog appeared only for some users of Twitter, including those on its website.Musk started touting dogecoin years ago. He periodically tweets about the token, which was created as a joke in 2013, predictably causing volatility each time. According toIn Dec. 2021,
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Dogecoin dog replaces Twitter logo on homepage, meme token’s price soars 30%The price of dogecoin spiked after Twitter made the surprise change.
Leer más »
Elon Musk Adds Dogecoin Button That Does Nothing to Twitter HomepageTwitter CEO Elon Musk has swapped Twitter's logo for the Dogecoin logo, a meaningless change that has already caused investors to flock to the currency.
Leer más »
Dogecoin jumps after Twitter switches out website logo to Shiba Inu imageTwitter's logo, a blue bird, is swapped on Monday for by a cartoon image of a Shiba Inu on the social-media website.
Leer más »
Dogecoin Soars 30% After Twitter Changes Web Logo To Shiba Inu—As Musk Fights Lawsuit Over Doge CommentsThe change came after Musk’s lawyers asked a judge to dismiss a $258 billion lawsuit accusing him of artificially inflating dogecoin’s price.
Leer más »
Elon Musk Seeks Dismissal of Dogecoin (DOGE) Pyramid Scheme AccusationsElon Musk is seeking to dismiss a massive $258 billion class-action lawsuit that accuses him, Tesla, and the Dogecoin Foundation of committing fraud by promoting the cryptocurrency on social media
Leer más »
Elon Musk Seeks Dismissal of Dogecoin (DOGE) Pyramid Scheme AccusationsElon Musk is seeking to dismiss a massive $258 billion class-action lawsuit that accuses him, Tesla, and the Dogecoin Foundation of committing fraud by promoting the cryptocurrency on social media
Leer más »