Dogecoin Twitter Logo News: Twitter’s new logo avatar is now the most popular memecoin Dogecoin (DOGE). Amid all the regulatory scrutiny around cryptocurrencies, this move from the Elon Musk company could mean many positive outcomes for the crypto market. Dogecoin being the new Twitter logo could mean a huge validation for the crypto space as this will act as a huge promotional event. Also, this would only reinforce Musk’s affiliation with not just DOGE but also the cryptocurrency space.
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However, it s not clear as to whether this is a temporary move by the Twitter management. This means if the new logo is taken down, the Dogecoin price could take a hit.
Social media platform Twitter on Monday updated its website to that of Dogecoin picture. This led to an instant DOGE price pump by over 21%. As was seen in earlier instances when Elon Musk openly mentioned the memecoin in his tweets, Dogecoin price could perhaps witness a prolonged rally with this move. However, this could turn out to be a shortlived rally if the Twitter logo is reinstated to its original.
Source: https://coingape.com/dogecoin-price-to-trigger-0-20-soon-with-new-twitter-logo-avatar/