Dogecoin increases after Musk’s Twitter changes the Shiba Inu dog’s logo.

Reuters, 4 April 2019 – On Tuesday, Twitter’s blue bird was changed by a Shiba Inu dog, increasing the market value of the meme coin by as much as $4 billion. Twitter had previously used a blue bird as its logo.

The token, which was created in 2013 as a parody of the cryptocurrency craze and has no real utility, rose from 7 cents to 10 cents at 1500 Eastern Standard Time (EST) when Elon Musk hinted in a tweet on Monday that he had kept his promise to change the social networking app’s logo to the dogecoin dog.

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