[ad_1] <br><div><figure class="figure figure-none figure-full"><picture class="" data-testid="picture"><source type="image/jpeg" srcset="https://media.npr.org/assets/img/2023/04/04/ap21305573164055_custom-c539276c4784f82ea1c75d0548821143ecd3f7ca.jpg?s=400 400w,https://media.npr.org/assets/img/2023/04/04/ap21305573164055_custom-c539276c4784f82ea1c75d0548821143ecd3f7ca.jpg?s=600 600w,https://media.npr.org/assets/img/2023/04/04/ap21305573164055_custom-c539276c4784f82ea1c75d0548821143ecd3f7ca.jpg?s=1000 1000w,https://media.npr.org/assets/img/2023/04/04/ap21305573164055_custom-c539276c4784f82ea1c75d0548821143ecd3f7ca.jpg?s=1400 1400w,https://media.npr.org/assets/img/2023/04/04/ap21305573164055_custom-c539276c4784f82ea1c75d0548821143ecd3f7ca.jpg?s=2000 2000w" sizes="(max-width: 47.999em) 99vw, 66vw" data-testid="notwebp"/><img src="https://media.npr.org/assets/img/2023/04/04/ap21305573164055_custom-c539276c4784f82ea1c75d0548821143ecd3f7ca.jpg?s=600" alt="This mobile phone app screen shot shows the logo for Dogecoin."/></picture><figcaption class="figure_caption"><p>This cell phone app screenshot reveals the emblem for Dogecoin.</p><p>Richard Drew | AP</p></figcaption></figure><p>The worth for cryptocurrency Dogecoin spiked by about 30 p.c Monday after Twitter CEO Elon Musk modified the app brand from its blue chicken to a Shiba Inu canine, an emblem typically related to the coin.</p><p>Dogecoin, based in 2013, has gained reputation within the final couple of years. There was a concerted motion to get the coin to $1, which has not but occurred. Shortly after 11 p.m. Monday, the coin was valued at about 1 cent. </p><p>The sudden brand change is a callback to when a Twitter person urged Musk purchase the corporate and alter the emblem. </p><p>“Is a brand new platform wanted?” he tweeted.</p><div class="donateAsk undefined"><div class="donateAsk_body"><p>What does that imply? The information, evaluation and group dialog discovered right here is funded by donations from people. Make a present of any quantity as we speak to assist this useful resource for everybody.</p></div></div><p>“Simply purchase Twitter,” one person stated. “And alter the chicken brand to a doge.”</p><p>“Haha that will [be] sickkk,” Musk stated. </p><p>On Monday, Musk posted a screenshot of the interplay and stated, “As promised.”</p><p>He's presently going through a $258 billion class-action lawsuit in federal court docket, the place he's accused of participating in a pyramid scheme by selling the cryptocurrency. Musk typically voiced his assist for the coin and was even nicknamed “The Dogefather.”</p><p><em>Copyright 2023 NPR. To see extra, go to https://www.npr.org.</em></p><div class="apm-correction"><p>Correction</p><p>2023-04-04</p><div class="apm-correction-body"><p>A earlier model of a homepage and internet abstract for this story incorrectly stated Elon Musk is going through a $258 million class-action lawsuit. Actually, it is $258 billion.</p></div></div></div> <br>[ad_2] <br><a href="https://www.mprnews.org/story/2023/04/04/dogecoin-price-spikes-after-elon-musk-changes-twitter-logo-to-the-shiba-inu-dog">Source link </a>