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Crypto traders are buying up DOGE in hopes of the token playing a larger role on Twitter, which rebranded as “everything app” X on Monday.

Bitcoin (BTC) put in its worst performance in 10 days on Monday, with the BTC/USDT pair getting smashed 3% lower to close at the lowest point in nearly four weeks. The pair went as far south as US$28,850, though some late-afternoon support managed to bring bitcoin back above US$29,150 by the midnight bell.

The meme coin mania appeared to have faded as the token had maintained a sluggish trend while the community also remained passive. During the past trading day, Dogecoin gained mainstream attention with a jump of more than 11%, primarily due to its biggest proponent, Elon Musk.

Elon Musk's mysterious tweet featuring a single letter "X" sends Dogecoin on a wild ride as the crypto community speculates about a potential rebrand or significant development. The "Musk effect" showcases the power of social media in shaping cryptocurrency trends and market sentiment.

The month of July 2023 has particularly belonged to altcoins with the ruling over the Ripple-SEC lawsuit and Bitcoin consolidating on the other hand. Amid the rally in the altcoin space, Bitcoin's transaction volume dominance tanked by 8% in July, as per data from Kaiko.

Dogecoin is gaining bullish momentum above the $0.075 resistance against the US Dollar. DOGE could extend its rally toward the $0.085 resistance zone.

A subtle change in Elon Musk's Twitter bio has reignited rumors Dogecoin may soon be used for payments on Musk's “everything app.”

Elon Musk's recent actions are once again fueling excitement in the world of cryptocurrency, specifically for Dogecoin (CRYPTO: DOGE). What Happened: In a seemingly subtle yet significant move, Musk on Monday revamped Twitter's logo from the blue bird to the X symbol.

Major cryptocurrencies traded in a mixed manner on Monday evening, amid speculation surrounding a potential U.S. regulator appeal in the Ripple case and a decline in enthusiasm towards a Bitcoin ETF. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Elon Musk is, once again, showing his support for Dogecoin in a subtle but meaningful way. Twitter, one of the biggest social media companies now under the leadership of Musk, recently changed its logo from the infamous ‘blue bird' to a seemingly discrete X symbol.

Dogecoin (DOGE) gained 10% earlier today after Elon Musk rebranded Twitter as X. The memecoin reached a 14-week high of $0.77.

Meme cryptocurrency Dogecoin (DOGE) is gaining on Cardano (ADA), according to data provided by CoinGecko. The joke coin's market cap now sits just shy of Cardano's at approximately $10.4 billion.

Bitcoin is at the pivotal 50-day SMA support and a drop below this level could result in accelerated selling in BTC and altcoins.

Sellers remain more powerful than buyers at the beginning of the week.

Over the last 30 days, Dogecoin has seen a surge of nearly 10%, including a 1.3% rise against the US dollar in the preceding week alone.

Dogecoin's price (DOGE) clears key resistance amid Musk's influence, yet struggles to hold uptrend, sparking mixed market sentiment.

Crypto analyst and trader Ali Martinez has taken to Twitter (or, as it is now called, the "X app") to share some data about whales accumulating tremendous amounts of the original meme coin, DOGE.

Dogecoin was one of Monday's notable gainers, climbing by as much as 5%, following the news that Elon Musk was rebranding Twitter to X. Speculators believe the new platform will allow users to make crypto payments. XRP, on the other hand, fell to a ten-day low.

The Dogecoin (DOGE) meme coin led the blue-chip altcoin pack today, surging 6% to hit a 10-week-plus high of US$0.072 with a market capitalisation of US$10.7bn. The rally eclipsed the world's largest cryptocurrency bitcoin, which is down around 3% day on day.

4.05pm: Dogecoin goes for a run The Dogecoin (DOGE) meme coin led the blue-chip altcoin pack today, surging 6% to hit a 10-week-plus high of US$0.072 with a market capitalisation of US$10.7bn. The rally eclipsed the world's largest cryptocurrency bitcoin, which is down around 3% day on day.

Dogecoin (DOGE) prices are rising on Monday as investors in the meme crypto celebrate Elon Musk's rebranding of Twitter!

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $30,000 level on Monday. Ethereum (CRYPTO: ETH) also edged lower, trading below the key $1,900 mark this morning.

After several days of stillness, the crypto markets today started to move a bit again: we analyze in particular the recent price movements of DOGE (Dogecoin), LTC (Litecoin), and SAND (The Sandbox).

Dogecoin (DOGE) rose 4% after Elon Musk announced the rebranding of Twitter as a financial services company and changed his Twitter header to the DOGE ticker symbol.