Elon Musk changes the twitter logo to Dogecoin sending the memcoin soaring 20% up
Elon Musk, the billionaire CEO of Tesla and SpaceX, has once again stirred up the crypto world by changing the Twitter logo to a doge, the mascot of Dogecoin, a cryptocurrency that started as a joke. The move sent the price of Dogecoin soaring by 20% in a matter of minutes, as fans and followers of Musk celebrated his latest endorsement of the memecoin. Dogecoin was created in 2013 as a parody of Bitcoin, using the image of a Shiba Inu dog as its logo and the word "doge" as its name, which is derived from a popular internet meme. Despite its humorous origins, Dogecoin has attracted a loyal community of supporters, who often use it for tipping and donating online. Dogecoin has also gained the attention of celebrities and influencers, most notably Musk, who has repeatedly tweeted about it and even mentioned it on his appearance on Saturday Night Live last year. Musk's fascination with Dogecoin is not new. He has been vocal about his support for the cryptocurrency sinc