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Thursday, August 8, 2024
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    HomeNewsTwitter's new canine icon sends dogecoinβ€”sighβ€”to the moon

    Twitter’s new canine icon sends dogecoinβ€”sighβ€”to the moon

    Immediately, Twitter customers are noticing that a picture of a canine has been added in a distinguished place. You possibly can see for your self on Twitter.com, the place you can be greeted with a pet:

    Video Credit: Twitter

    A particular picture of a canine, a Shiba Inu, corresponds to the emblem of the dogecoin blockchain and cryptocurrency.

    Normally, altering or including an icon in an app is nothing new. On this case, cryptocurrency traders despatched the worth of dogecoin sharply increased after its emblem was added to the Twitter app. Briefly, the replace to the social media service primed the pump.

    Here is what Dogecoin’s value did after the canine was included:

    Video Credit: Yahoo! Finance

    Look, I do not need to dwell on this planet any longer both.

    The bigger context of this newest twit on Twitter is that the social media service’s proprietor, Elon Musk, is taking dogecoin to court docket in an try and throw out a large lawsuit involving the cryptocurrency. In that lawsuit, Musk’s attorneys not too long ago referred to as dogecoin “a reliable cryptocurrency that continues to have a market cap of practically $10 billion.” We consider this program replace is a part of Musk’s general method to litigation.

    On the time of this writing, dogecoin has risen to round $12.4 billion. Maybe the cryptocurrency winter is behind us.

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