Musk Fuels DOGE Rally with Twitter Logo Swap
Elon Musk has changed the Twitter logo to Dogecoin (DOGE) in a move that sent shockwaves through the crypto community.
The change, which occurred without warning around noon Eastern Time on Wednesday, was confirmed by Elon with a tweet stating 'brand policy change.'
This sparked a 25% gain in value for DOGE in just minutes, adding approximately $3 billion to its market capitalization.
Some analysts believe this pump could have far-reaching implications for the crypto market as a whole, potentially influencing the Federal Reserve's monetary policies.