The price of dogecoin _cryptocurrency derived from Bitcoin, which uses a Shiba Inu dog from the meme as a pet Doge_ it went up on Monday, after the token’s mascot was included in a peculiar reference on Twitter. Users who visited the website were greeted with the meme on which the token is based, instead of the typical blue bird logo of the microblogging.
The inclusion of the dogecoin mascot caused the token’s price to rise as people became aware of the credential.
Dogecoin was up more than 20% on Monday to about $0.092 in less than an houraccording to the highest price in more than a month CoinGecko. It then went up a bit, to $0.095.
When asked for a comment on the inclusion of the mascot, Twitter responded to Decrypt with a emoji of poop Shortly after the change was made, Musk tweeted the image below, apparently in recognition of the buzz surrounding the move.
The dog behind the #Doge meme and #Dogecoin cryptocurrency is called Kabosu and she still lives with her owner Atsuko Sato @kabosumama in Sakura, Japan. Kabosu was a rescue dog and became a meme after Atsuko uploaded photos of Kabosu, including the one below, to her blog in 2010. pic.twitter.com/x5Kliw2DVf
—Dogecoin (@dogecoin) April 3, 2023
Musk has long been a proponent of dogecoin. From “literally” sending the meme coin to the moon to accepting it as payment to buy Tesla products, The businessman has not shied away from showing his penchant for currencywhich is currently valued at a market cap of $13 billion.
— Elon Musk (@elonmusk) April 3, 2023
as promised pic.twitter.com/Jc1TnAqxAV
— Elon Musk (@elonmusk) April 3, 2023
Many believe that the situation is an April Fool’s joke, which is celebrated in Anglo-Saxon countries today. It is estimated that the new Twitter logo will be temporary and may it be restored by the original to this day.
Source: Eluniverso

Mabel is a talented author and journalist with a passion for all things technology. As an experienced writer for the 247 News Agency, she has established a reputation for her in-depth reporting and expert analysis on the latest developments in the tech industry.