[ad_1] <br><div id=""><amp-sticky-ad layout="nodisplay"><amp-ad width="320" height="100" type="doubleclick" data-slot="/2744311/amp_abscbnnews_leaderboard_sticky3.0" data-multi-size="320x50" rtc-config="{"vendors": {"openwrap": {"PROFILE_ID" : "2310","PUB_ID" : "159339"}},"timeoutMillis": 1000}"/></amp-sticky-ad> <meta itemprop="mainEntityOfPage" content="https://news.abs-cbn.com/business/04/05/23/dogecoin-currency-surges-after-musk-changes-twitter-logo"/> <meta itemprop="dateCreated" content="2023-04-04T10:16:56"/> <meta itemprop="datePublished" content="2023-04-04T10:16:56"/> <meta itemprop="dateModified" content="2023-04-04T10:16:57"/> <meta itemprop="headline" content="Dogecoin currency surges after Musk changes Twitter logo	 | ABS-CBN News"/> <meta itemprop="name" content="Dogecoin currency surges after Musk changes Twitter logo	 | ABS-CBN News"/> <meta itemprop="keywords" content="Deutsche Welle, DW, ANC, Musk, Twitter, Dogecoin, cryptocurrency"/> <meta itemprop="articleSection" content="Business"/> <meta itemprop="articleID" content="810343"/> <meta itemprop="url" content="https://news.abs-cbn.com/business/04/05/23/dogecoin-currency-surges-after-musk-changes-twitter-logo"/> <meta itemprop="description" content="The price of the cryptocurrency has risen by over 20 percent after Musk replaced Twitter's blue bird logo with a Dogecoin meme."/> <meta itemprop="image" content="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/tvpatrol/04/04/twitter2.jpg"/> <meta itemprop="thumbnailUrl" content="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/tvpatrol/04/04/twitter2.jpg"/> <meta itemprop="contentMediaFormat" content="Text"/> <meta itemprop="contentLanguage" content="English"/> <meta itemprop="contentSource" content=""/> <meta itemprop="articlePosition" content=""/> <header class="rf1"> <span class="ampstart-subtitle block pt2 mb2"><a target="_blank" href="https://news.abs-cbn.com/" rel="noopener">Home</a> > <a target="_blank" href="https://news.abs-cbn.com/Business" rel="noopener">Business</a></span> <!-- Start byline --> <address class="ampstart-byline clearfix mb4 h5"> <h3 class="ampstart-byline-author">Deutsche Welle </h3> <time class="ampstart-byline-pubdate block bold my1" datetime="2023-04-05T06:16:56+08:00">Apr 05 2023 06:16 AM</time> </address> <!-- End byline --> <!-- Start sharing icons --> <!-- End sharing icons --> </header> <amp-ad width="336" height="280" type="doubleclick" data-slot="/2744311/AMP_Banner_ArticleBanner3.0" data-multi-size="300x250" rtc-config="{"vendors": {"openwrap": {"PROFILE_ID" : "2310","PUB_ID" : "159339"}},"timeoutMillis": 1000}"/> <!-- Start Article Content --> <div class="embed-wrap"> <figure data-feedback="fb:likes,fb:comments"><amp-img width="950" height="633" layout="responsive" alt="Twitter's web interface showing the dogecoin icon" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/tvpatrol/04/04/twitter2.jpg"/> <figcaption>Twitter's net interface exhibiting the dogecoin icon</figcaption> </figure> </div> <p>The value of the dogecoin cryptocurrency rose from $0.08 (€0.07) to greater than $0.10 (€0.09) on Tuesday, an increase of over 20% triggered by what appears to be a joke on the a part of Elon Musk.</p> <p>On Monday, Twitter proprietor Elon Musk modified the social media platform's brand from a blue hen to a picture of a Shiba Inu canine.</p> <p>The canine breed additionally serves as the brand of dogecoin.</p><amp-ad width="336" height="280" type="doubleclick" data-slot="/2744311/AMP_Banner_ArticleBanner3.0" data-multi-size="300x250" rtc-config="{"vendors": {"openwrap": {"PROFILE_ID" : "2310","PUB_ID" : "159339"}},"timeoutMillis": 1000}"/> <p>Following the change, Musk tweeted a picture of a Twitter dialog from March 26, 2022 the place he responded positively to the suggestion to make the platform's brand a Shiba Inu picture.</p> <p>Musk, who can also be the proprietor of Tesla and SpaceX, has 133 million followers on the platform.</p> <p> <strong>What's 'dogecoin'? </strong></p> <p>Memes involving Shiba Inu canines started to turn into common in 2013 on boards like Reddit and 4chan. The jokes concerned photographs of the canine breed accompanied by dialogue intentionally written in damaged English. The canine depicted within the meme is known as "doge."</p> <p>The cryptocurrency launched as a joke later that 12 months, remaining largely with out worth for years.</p> <p>In Might 2021, the digital token's worth jumped to $0.73 after Musk urged his automotive agency Tesla might settle for dogecoin as cost. Traders have accused Musk of manipulating the worth of the token in what is called a "pump and dump" scheme.</p><amp-ad width="336" height="280" type="doubleclick" data-slot="/2744311/AMP_Banner_ArticleBanner3.0" data-multi-size="300x250" rtc-config="{"vendors": {"openwrap": {"PROFILE_ID" : "2310","PUB_ID" : "159339"}},"timeoutMillis": 1000}"/> <p>Musk claims that he helps the cryptocurrency, however doesn't manipulate its worth for private acquire.</p> <p>He's being sued for $258 billion by an investor who says he misplaced a big amount of cash because of Musk's actions, a declare which the billionaire denies.</p> <p>Musk purchased Twitter for $44 billion in October 2022. He has since laid off 1000's of workers and launched premium accounts in a bid to usher in income.</p> <p>The billionaire additionally reinstated various beforehand banned accounts following the takeover, together with that of former US President Donald Trump.</p> <p><strong>RELATED VIDEO:</strong></p> <figure class="op-interactive"><amp-video-iframe src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsVideoIframe1&key=e8c22c015ca9eafa76f1e3edfa03c603&spid=3001339&vid=2570614&wid=&url=https://news.abs-cbn.com/business/04/05/23/dogecoin-currency-surges-after-musk-changes-twitter-logo" id="ivsVideoIframe1" layout="responsive" width="480" height="270" noloading=""><amp-img src="https://player.ivideosmart.com/ivsplayer/v4/dist/assets/pixel.gif" layout="nodisplay" placeholder=""/></amp-video-iframe></figure> <!-- Start sharing icons --> <!-- End sharing icons --> <amp-embed data-widgetids="AMP_1" height="100" layout="responsive" type="outbrain" width="100"/> </div> <br>[ad_2] <br><a href="https://news.abs-cbn.com/amp/business/04/05/23/dogecoin-currency-surges-after-musk-changes-twitter-logo">Source link </a>
Dogecoin currency surges after Musk changes Twitter logo
[ad_1] Home > Business Deutsche Welle Apr 05 2023 06:16 AM Twitter's net interface exhibiting the dogecoin icon The value of the dogecoin cryptocurrency rose from $0.08 (€0.07) to greater than $0.10 (€0.09) on Tuesday, an increase of over 20% triggered by what appears to be a joke on the a part of Elon Musk.
