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Dogecoin Skyrockets 25% as Twitter Replaces Logo with Shiba Inu Symbol

Dogecoin (DOGE) has experienced a 25% increase in value over the past 24 hours. This surge comes after the Shiba Inu symbol, which represents the token, replaced the iconic blue bird logo on Twitter's homepage.

Dogecoin logo
Dogecoin logo

DOGE Reaches Highest Value Since February

The popular meme coin is trading at $0.097, marking its highest since early February. Following the logo change on Twitter, DOGE's value rose more than 30% in just an hour.

Elon Musk's Support for Meme Coin's Payment Potential

Twitter CEO Elon Musk has previously hinted at Dogecoin's potential for better payment functionality compared to bitcoin. His support for the meme coin has been evident in the past.