The post Elon Musk Teases DOGE on Rebranded Twitter, Sparks Soaring Price Action appeared first on Coinpedia Fintech News
Elon Musk’s playful antics on social media have stirred the crypto universe yet again. The Tesla and SpaceX CEO, and now the Twitter owner, updated his Twitter location to ‘X Ð’, a mystifying blend of Twitter’s new logo and the symbol for Dogecoin.
Dogecoin And Musk’s Magic Touch
Dogecoin, the market’s leading meme coin, has seen a significant uptick following Musk’s recent changes on Twitter. The fun-loving cryptocurrency, inspired by a popular internet meme, saw its price surge by 2.76% in 24 hours to trade at $0.074, at the time of writing.
The digital token’s lively community seems to have found renewed enthusiasm, continuing to secure its position as the top meme coin in terms of market capitalization. This week, Dogecoin escalated to the eighth position among all cryptocurrencies, bolstering its market value by over $1 billion.
Musk’s Love
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