{"id":76825,"date":"2023-04-07T10:49:53","date_gmt":"2023-04-07T07:49:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76825"},"modified":"2025-09-10T19:38:42","modified_gmt":"2025-09-10T16:38:42","slug":"dogecoin-slides-after-twitter-reverts-to-old-logo","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dogecoin-slides-after-twitter-reverts-to-old-logo\/","title":{"rendered":"Dogecoin slides after Twitter reverts to old logo"},"content":{"rendered":"

Twitter has restored the old blue bird logo, which had recently been replaced by the mascot Dogecoin<\/a> (DOGE). The coin slid on the news.<\/p>\n

According to CoinGecko<\/a>, over the last 24 hours the meme-cryptocurrency’s price fell 8.2% to $0.0828.<\/p>\n

\"chart-5-1\"
Data: CoinGecko.
<\/figcaption><\/figure>\n

On April 3, DOGE at one point jumped 25%, topping $0.10. This occurred as Twitter switched its logo to a Shiba Inu dog, the coin’s mascot.<\/p>\n

The platform’s head, Elon Musk, has yet to comment on the reversal.<\/p>\n

Earlier, experts were skeptical of the Dogecoin rally. In an interview with The Block<\/a>, Kaiko analyst Conor Ryder said that ‘most large moves in the coin are driven by narrative, and illiquidity acts as a lever on their size’.<\/p>\n

Matt Kunke, a market-maker at GSR, noted that the dynamics driven by ‘Musk’s sporadic behaviour’ were ‘historically short-lived’.<\/p>\n

In July 2022, American Keith Johnson accused<\/a> SpaceX and Tesla, as well as their chief, of promoting the ‘cryptocurrency pyramid’ Dogecoin and demanded $258 billion in damages.<\/p>\n

In early April 2023, Musk’s lawyers described the investor’s claims<\/a> about Dogecoin as ‘a fanciful fabrication’. The billionaire asked the court to dismiss the suit.<\/p>\n","protected":false},"excerpt":{"rendered":"

Twitter has restored the old blue bird logo, which had recently been replaced by the Dogecoin mascot (DOGE). The coin slid on the news.<\/p>\n","protected":false},"author":1,"featured_media":76826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[99,1217,40],"class_list":["post-76825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dogecoin","tag-elon-musk","tag-twitter"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=76825"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76825\/revisions"}],"predecessor-version":[{"id":76827,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76825\/revisions\/76827"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/76826"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=76825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=76825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=76825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}