Bitcoin Faced Massive Volatility Amid Binance FUD, DOGE Skyrockets 25%: Market Watch
DOGE has stolen the show with a massive double-digit surge following the latest Musk interaction.
Keep up with what's happening in the crypto world in real-time.
DOGE has stolen the show with a massive double-digit surge following the latest Musk interaction.
No sooner had the public stepped back from Twitter's new logo, depicting the already world-famous DOGE from Dogecoin, than it turned out that there was more to it. Thus, an enthusiast Jens Wiechers discovered an Easter egg in the logo.
Dogecoin recently witnessed a staggering 30% price surge following the change of the official Twitter logo to Doge, as users scrambled to purchase the meme cryptocurrency. The sudden price increase created an opportunity for Dogecoin whales to take profits on their holdings that had been sitting at lower values.
Musk had previously promised to change Twitter's logo to a Dogecoin-themed image in a conversation with the WallStreetBets chairman.
Dogecoin, the beloved cryptocurrency that started as a joke, has once again set the crypto world ablaze with its soaring price, skyrocketing by 26% in the past 24 hours. The man responsible for this market mayhem?
Dogecoin (CRYPTO: DOGE), a meme cryptocurrency that started off as a joke in 2013, is once again gaining attention from investors and social media users, leading to a surge in its price by more than 27% on Monday. This sudden surge was triggered by Twitter Chief Elon Musk's decision to replace its blue bird logo with the famous meme featuring a Shiba Inu dog.
Bitcoin (BTC) ended Monday 1.3% lower at a flat US$27,800, marking the third day of straight losses, although this Tuesday has seen a bit of a rebound, with the BTC/USDT pair adding 0.7% to US$28,000. Ethereum had a better Monday session compared to bitcoin, adding 0.9% to close at US$1,810, while adding another 0.2% to US$1,815 this morning.
Dogecoin (DOGE) is having a great showing this morning with its price up by more than 28% atop a price of $0.09922. Several factors have led to this bullish growth, and besides the impact of the broader ecosystem as driven by Bitcoin (BTC), the latest Elon Musk tweet about the identity of the meme coin has positively riled up the community.
It is well known that Elon Musk's activity has had the greatest impact on the Dogecoin price, which is currently on the rise. It all started in 2021 when the popular meme-coin experienced a massive upswing of more than 800% in a single day.
Twitter Inc (NYSE:TWTR) owner and Tesla Inc (NASDAQ:TSLA) chief Elon Musk's recent rebrand of his social media platform to incorporate Dogecoin (DOGE) comes only days after the world's richest man petitioned US courts to throw out a lawsuit over his promotion of the memecoin. Musk, who bought Twitter in October 2022 for US$44bn, replaced Twitter's traditional blue bird icon with the cartoon Shiba Inu dog face synonymous with Dogecoin on Monday after tweeting “as promised” above an old conversation in which Musk said the rebrand would be “sickkk”.
No more “little blue bird,” as of yesterday the new logo of Twitter's website is the dog of Dogecoin, Elon Musk's favorite crypto. Following this change, the price of DOGE literally skyrocketed!
Twitter owner and Tesla chief Elon Musk's recent rebrand of his social media platform to incorporate Dogecoin (DOGE) comes only days after the world's richest man petitioned US courts to throw out a lawsuit over his promotion of the memecoin. Musk, who bought Twitter on October 2022 for US$44bn, replaced Twitter's traditional blue bird icon with the cartoon Shiba Inu dog face synonymous with Dogecoin on Monday after Tweeting “as promised” above an old conversation in which Musk said the rebrand would be “sickkk”.
Dogecoin, a cryptocurrency that started as a joke, saw its value surge by over 30% after Twitter changed its logo to the Dogecoin symbol. The value of Dogecoin rose to $0.43 per coin, making it one of the most significant rallies in recent times.
The price of Dogecoin (CRYPTO: DOGE) soared by 24% in the last 24 hours. This sudden increase can be attributed to Twitter CEO Elon Musk‘s decision on Monday to change the social media platform's bird logo to that of a Shiba Inu dog, the same breed that inspired the creation of Dogecoin.
The figures are higher-than-usual for the popular memecoin.
Elon Musk faces a staggering $258 billion racketeering lawsuit as Dogecoin investors accuse him of running a pyramid scheme to boost the cryptocurrency. In response, Musk's legal team submitted a filing to a Manhattan federal court, dubbing the lawsuit a "fanciful work of fiction.
Dogecoin (Doge) price gained as much as 30 percent on Monday to reach an intraday high of around $0.1026. The top meme coin by market capitalization has also recorded a spike in its daily traded volume. According to the latest crypto market, Dogecoin's price exchanged around $0.
A leading analytics firm says whales are loading up on Dogecoin (DOGE) as the top memecoin flashes signs of breaking away from the rest of the crypto markets.
The owner of Twitter and renowned tech billionaire, Elon Musk changed the traditional logo of Twitter to that of the
Dogecoin (CRYPTO: DOGE) has gained around 25% in the last 24 hours, after the iconic meme of a Shiba Inu dog replaced Twitter‘s blue bird logo on the website for a select group of users. What Happened: According to data from CoinGlass, there has been a significant amount of liquidation in the past 12 hours in the cryptocurrency market.
On April 3rd, the Dogecoin price witnessed a massive surge as market participants reacted to the Twitter logo change from bluebird to Dogecoin face for a short period. As a result, the DOGE price soared 27% on the intraday level and triggered a five-month-long bullish pattern called a falling wedge pattern.
Major coins traded mixed on Monday evening, following a productive first quarter in which investors became increasingly confident in the direction of inflation and other macroeconomic developments. Cryptocurrency Gains (+/-) Price (Recorded 9:30 p.m.
Twitter added a Dogecoin (CRYPTO: DOGE) "cashtag" earlier this year, in January. Using this feature, users can search for the current prices of cryptocurrencies.
Tens of billions of tokens of the meme-inspired cryptocurrency Dogecoin ($DOGE) are now being held by long-term investors, as entities that have been HODLing onto the cryptocurrency for over a year now have 44.8 billion tokens, worth over $3.7 billion.
