Elon Musk's Twitter Logo Change Sends Dogecoin Soaring
Dogecoin surged over 30% after Twitter CEO Elon Musk changed his company's logo to a shiba inu, the digital coin's logo. Musk has been a vocal supporter of the cryptocurrency, periodically tweeting about it and causing volatility in its price. Tesla also accepts dogecoin as payment for some merchandise. Musk's lawyers described his public statements about the coin as "innocuous and often silly tweets," in a court filing on Friday.