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Dogecoin jumps more than 30% after Musk changes Twitter logo to image of shiba inu - TL;DR CNBC

Dogecoin jumps more than 30% after Musk changes Twitter logo to image of shiba inu

Publishing timestamp: 2023-04-03 16:56:22


Summary

Dogecoin saw a 30% spike in value after Twitter CEO Elon Musk changed the company's logo to the digital coin's symbol, a shiba inu dog. Musk has been a vocal supporter of dogecoin for years, and his companies Tesla and Boring Company have also been named in a lawsuit accusing him of manipulating the coin's price. Musk's lawyers have described his public statements about dogecoin as "innocuous and often silly tweets."


Sentiment: MIXED

Tickers: TSLADOGE.CM=

Keywords: breaking news: technologydogecoin/usd coin metricsfintechrupert murdochcryptocurrencybusiness newscryptocurrency exchangesinvestment strategyelon musktechnologytesla inc

Source: https://www.cnbc.com/2023/04/03/dogecoin-jumps-over-30percent-after-twitter-changes-logo-to-doges-symbol.html


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