Dogecoin

The price of Dogecoin has skyrocketed in recent hours after billionaire Elon Musk confused Twitter users by changing the app's logo to a picture of a dog.

In July last year, Elon Musk told Tesla shareholders that the carmaker, of which he is CEO, still held Dogecoin despite selling off most the Bitcoin it held. In 2022, Musk was sued for $258 billion (£207bn) by a crypto investor in New York for inflating the price of the cryptocurrency, under the premise that it was a pyramid scheme. [that Musk should buy Twitter and change its icon to the Dogecoin dog.](https://www.standard.co.uk/tech/why-twitter-logo-dog-doge-coin-shiba-inu-elon-musk-b1072066.html)

Cryptocurrency dogecoin rose as much as 30 per cent after Twitter changed its logo to the dog meme after which the coin is named.

Doge also began to trend on Twitter. Others have kept their checks with a note they were either Blue subscribers or legacy verified accounts. Musk tweeted “As promised.”

The latest price moves in crypto markets in context for April 4, 2023.

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The price of Dogecoin has jumped 30% over the past 24 hours, spiking after Twitter replaced its iconic blue bird logo with a cartoon Shiba Inu dog. Dogecoin was ...

](https://www.barrons.com/market-data/cryptocurrencies/btcusd?iso=coindesk) There’s a rational bull case for the memecoin. ](https://www.barrons.com/market-data/cryptocurrencies/dogeusd?iso=kraken)

Elon Musk is currently facing a $258 million class action federal lawsuit accusing him of engaging in a pyramid scheme for voicing his support for Dogecoin ...

Dogecoin's Shiba Inu dog replaced Twitter's blue bird as the social media company's logo on Tuesday, helping the meme coin add as much as $4 billion to its ...