Twitter replaces bluebird logo with Dogecoin icon! Cryptocurrency prices take off!

Dogecoin , a cryptocurrency created as a meme in 2013, surged on Monday after Twitter replaced its usual blue bird logo with an image of a Japanese Shiba Inu associated with the product, pushing up the cryptocurrency's price.

When you open Musk's homepage, the Twitter blue bird icon in the upper left corner has also turned into an image of Dogecoin. Many netizens have posted messages calling this an April Fool's Day farce that is two days late.

It is reported that this move by Twitter caused the price of Dogecoin to rise by more than 26%. Twitter has often promoted this cryptocurrency in the past and even accepted the purchase of accessories for Musk's electric car Tesla.

The billionaire has said more than once that he owns Dogecoin, and last year he was sued by an investor who accused him of illegally pumping up the price of the cryptocurrency, which is also one of the most volatile cryptocurrencies on the market.

AM Z123 has learned that at the close of the stock market last Friday, Dogecoin was trading nearly 90% below its all-time high reached in May 2021. Lawyers for Musk and Tesla called the lawsuit by Dogecoin investors a "work of fiction" based on Musk's "innocuous and often stupid tweets." It is not clear whether the Twitter logo change is permanent.

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