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Dogecoin's parabolic surge this week has almost completely dissipated.

The last working day of the week is neither bullish nor bearish, according to the CoinMarketCap ranking.

Dogecoin was once again in the red on Friday, as Twitter finally removed the doge icon as its logo. The meme coin raced to a four-month high earlier in the week, after the social media giant unexpectedly added a cartoon image of doge on its website.

The cryptocurrency world is no stranger to volatility, but few digital currencies have experienced the rollercoaster ride of Dogecoin (CRYPTO: DOGE), the popular meme coin. With its roots firmly planted in internet humor, Dogecoin's rise to prominence is as fascinating as it is perplexing.

Before investing in a meme coin, just keep in mind one thing: Cartoon dog avatars are not long-term catalysts for growth.

Dogecoin had a massive bull run this week, inking 30% in the green in a matter of hours.

Dogecoin has plunged around 8% over the past day as Elon Musk's Twitter has dropped the Doge icon and has switched back to the original logo.

The value of Dogecoin, the eighth-largest crypto by market capitalization and Elon Musk's favorite digital asset, has continued to decline since its logo was removed from Twitter. DOGE surged on April 3 after Elon Musk's social media company replaced its blue bird logo with Dogecoin's mascot.

A whale has been buying $ETH since Jan 15, worth $46.8M currently. Elon Musk's $DOGE logo changes brought price spikes, followed by a 6% dip.

Crypto news: We bring you a roundup of what's been happening in crypto this week. Elon Musk's Doge drama was the talk of the town this week, along with the arrest of former President Donald Trump.

The cryptocurrency market had a tumultuous month in March and several asset's highs and lows have received mixed reactions from the community due to the market's extreme volatility. April started with Bitcoin's consolidation phase and Elon Musk's surprise for the community and Dogecoin enthusiasts.

"SmartMoney" tracker @lookonchain has noticed that two of the five biggest DOGE whales sold massive amounts of this popular meme token after it soared by over 30% earlier this week, thanks to Elon Musk's change of the Twitter logo.

Elon Musk has played a significant role in the fluctuating fortunes of Dogecoin [DOGE]. His actions, or lack thereof, have always had an impact on the digital currency's value.

In a recent Twitter exchange, Dogecoin's creator, Billy Markus, defended his cryptocurrency creation, which he claims he built in just a few hours. It later reached a staggering $90 billion market cap for a day, 8.5 years after he left the project.

Reportedly, two of the top Dogecoin whales reduced their holdings by $1.4 billion during the three days the DOGE image appeared on the Twitter web.

These are the five altcoins that had the most positive performance from the crypto market last week.

Following a massive surge in interest and a 30% increase in value, Dogecoin (DOGE) plunged 9% after Twitter reverted to its iconic bluebird logo, replacing the Doge meme that was swapped in by Elon Musk earlier this week.

Investors were taken aback this week by the largest meme-coin Dogeoin's 30% price surge, which occurred at the same time when Elon Musk replaced Twitter's bird logo with the Shiba Inu logo, which serves as the digital asset's symbol. The move sparked discussions and received varying opinions from the community.

Dogecoin lost nearly 10% on the daily charts after Elon Musk-led Twitter reverted its home button from the memecoin's Shiba mascot to the company's recognizable blue bird.

Following the news of Elon Musk's Twitter logo change (now removed), a very old Dogecoin wallet has made headlines in the crypto community-the wallet contains a huge amount of DOGE.

While the crypto markets continue to maintain a stagnant trend, the price of Dogecoin witnessed a massive plunge of nearly 8%. The price dropped from the interim highs of around $0.09 and is currently trading around $0.084.

In an unexpected turn of events, Tesla and SpaceX CEO Elon Musk, the ever-vocal supporter of Dogecoin, has left the $DOGE community in a state of disbelief by suddenly removing the beloved cryptocurrency's logo from the Twitter home page.

The party seems to be over for memecoin Dogecoin as the DOGE price tanked by over 9% just after Twitter restored its original blue bird logo. As of press time, DOGE is trading at a price of $0.085 and a market cap of $11.8 billion.

A popular cryptocurrency analyst has reaffirmed that they believe the price of the meme-inspired digital currency Dogecoin ($DOGE) is set to surge in the near future, eyeing a 180% rise that could be sparked by the “meme holiday” of April 20 (4/20).