Dogecoin Dips Below $0.090 After Twitter Stops Using The Dog Logo

Twitter icon  •  Published 2 वर्ष पहले on April 7, 2023  •  Hassan Maishera

Dogecoin has lost more than 10% of its value in the last 24 hours after Twitter replaced the dog mascot with the usual bird.

Dogecoin Dips Below $0.090 After Twitter Stops Using The Dog Logo

TL;DR

  • DOGE soared to $0.0105 on April 3rd after Elon Musk’s Twitter replaced its bird logo with a dog.

  • DOGE has now lost 10% of its value after Twitter reverted back to its bird logo.

Dogecoin Dips By 10%

DOGE, the native coin of the Dogecoin ecosystem, has lost more than 10% of its value over the past 24 hours. The poor performance comes as the coin retraces following its rally a few days ago.

The coin surged by nearly 30% earlier this week to reach the $0.010 region for the first time in months. The rally came after Elon Musk’s Twitter replaced its bird logo with a dog, sending the Dogecoin community into a frenzy. 

However, DOGE is slowly retracing after replacing the Dog mascot with its bird. At press time, DOGE is down by more than 10% in the last 24 hours and is now trading at $0.08281 per coin.

 

Attempted Kidnapping of Crypto Executive’s Daughter in Paris Highlights Evolving Security Needs in the Web3 Space
Next article Attempted Kidnapping of Crypto Executive’s Daughter in Paris Highlights Evolving Security Needs in the Web3 Space

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.