Elon Musk, owner of Tesla and SpaceX, has replaced the iconic blue bird logo on his social media platform, Twitter, with a Shiba Inu dog image. The move, which many are calling symbolic and potentially influential, has sent Dogecoin soaring in value. The cryptocurrency, often associated with Musk’s online persona, saw a significant price increase following the change. This unexpected development highlights the potential for meme-based cryptocurrencies like Dogecoin to react to even minor changes in market perception and how easily they can be influenced by public figures like Elon Musk.
Dogecoin Soars Following Elon Musk’s Twitter Transformation
