Dogecoin Cryptocurrency Surges After Elon Musk Changes Twitter Logo to Shiba Inu Dog

Dogecoin Cryptocurrency Surges After Elon Musk Changes Twitter Logo to Shiba Inu Dog

THE SIGNAL

Shiba Inu–themed cryptocurrency Dogecoin jumped over 30% Monday after Twitter’s logo, a blue bird, was swapped out for a cartoon image of a Shiba Inu on the social-media website. The meme coin
DOGEUSD,
+3.25%,
which famously came into being as a joke, traded as high as $0.10 on Monday, up 11% to date in 2023, but still down over 87% from its all-time high, according to CoinDesk data. 

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