Altcoin News- Elon Musk removed the Doge from the Twitter logo.
- Dogecoin’s trading price falls under $0.1.
Twitter CEO Elon Musk removed the Dogecoin logo and changed it back to the Twitter logo. The trading price of Dogecoin declined by 8.34% in the last 24 hours.
Dogecoin witnessed lots of ups and downs this week. A few days ago, Musk changed the Twitter logo, which had a massive impact on Doge’s price. Over the night, the coin’s price went up and reached the $0.1 mark.
However, the hype holds for only one day. Doge experienced more than a 10% increase on Monday. From the next day onward, Doge’s trading price started falling. In addition to the price decrease, the Doge trading volume has declined by 12% in the last 24 hours. Following that, Elon Musk changed the Twitter logo back. The logo change will be another big blow to the Doge’s trading price.
At the time of writing, Dogecoin’s trading price is around $0.0855, with a decline of 0.63% in the last hour, according to CoinMarketCap.
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Source: https://thenewscrypto.com/dogecoin-takes-a-hit-twitters-logo-revert-causes-8-price-drop/