Elon Musk's Twitter Logo Change Sends Dogecoin Soaring

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Source: Barron's
Elon Musk's Twitter Logo Change Sends Dogecoin Soaring
Photo: Barron's
TL;DR Summary

Dogecoin prices surged by 27% after Elon Musk's Twitter made a Shiba Inu dog, the symbol of the meme cryptocurrency, the main logo for the social media platform's homepage. This move has sparked a rational bull case for the memecoin, which is outperforming Bitcoin and most other digital assets.

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