Doge price surges 25% within 24 hours as Twitter replaced its logo with Doge coin
Crypto investors are now bullish on Dogecoin (Doge) as Elon Musk replaced Twitter’s bird logo with a Dog image.
Elon Musk is one of the biggest fans of Dogecoin. In 2020, Musk started to support Dogecoin and later under his influence, Dogecoin’s price surged by more than 350 times in less than a year.
In March 2022, A Crypto Twitter user asked Tesla CEO to buy the social media platform Twitter and replace Twitter’s bird icon with the Dogecoin logo. At that time Musk said that it would sickk.
On 4 March 2023, Elon Musk said that he did what he promised.
Tesla CEO also shared a meme where we can see that meme trying to inform the Twitter community that the Twitter bird logo has been changed to the dogecoin logo.
The whole news acted as a catalyst to pump the doge trade price. The current price of Doge is $0.097 & this trade price is 24.47% high over the last 24 hours price.
$258B Dogecoin lawsuit
In a recent hearing of a $258 billion Dogecoin lawsuit against Tesla CEO, defense lawyers said that any kind of tweet in support of Dogecoin doesn’t prove any unethical or unlawful activities by him.
Lawsuit hearing almost confirmed that Musk was not promoting any kind of Ponzi scheme related to any cryptocurrency.
Dogecoin network
Around two months ago, a report confirmed that the Dogecoin network saw a 25% decrease in its yearly CO2 emissions. With 1,423 tons of emissions released in 2021, Dogecoin produced 1,063 tons in 2022.
Pollution levels: Which cryptocurrencies are increasing or decreasing their emissions?#Bitcoin #BTC , sorry, they are increasing CO2 emissions, in the other hand, #Ethereum wins and following in 3rd is $Doge #DogeCoin
— inevitable360 (@inevitable360) January 18, 2023https://t.co/755hAbPovW pic.twitter.com/CXaMaIHJIR
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