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Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

Dogecoin Becomes New Twitter Logo? DOGE Rises 18% Amid Confusion

Reynaldo Marquez
Reynaldo Marquez
2 years ago
2 mins read
Dogecoin (DOGE)

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The Shiba Inu representing cryptocurrency Dogecoin (DOGE) has taken over social media Twitter, as the company could have a new logo. Multiple users reported that the Shiba Inu, the popular Japanese pet, substituted the “bluebird” as the default loading image and main logo, as seen in the image below.

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1 year ago
Dogecoin DOGE DOGEUSDT image 1
Source: Win98Tech via Twitter

On the social media, users have been speculating about the new Dogecoin Twitter logo. Many believe this could be part of a poorly implemented late “April’s fool” joke. A pseudonym user said:

Doge for some reason is showing up on Twitter and I can only assume this was supposed to be an April Fools joke that took 3 days to roll out because no one knows how the site works anymore (…). Also retweets might be broken now? Apparently they don’t show as retweets properly? probably broke that to implement the stupid dog icon, i don’t know anymore.

Dogecoin Traders Chase Speculation

Data from monitor CoinGecko indicates that Dogecoin has seen a 20% rally over today’s trading session. While the rest of the market is moving sideways, money flowed into DOGE pushing its price above the critical resistance level at $0.097.

Dogecoin DOGE DOGEUSDT
DOGE’s price trends to the upside on the daily chart. Source: DOGEUSDT Tradingview

Even before Elon Musk bought Twitter, traders have been speculating on DOGE and its capacity to trend beyond anyone’s expectations. When Musk took over as CEO of the social media, he promised more integration with the cryptocurrency.

Therefore, DOGE as the new Twitter logo could be part of a bigger strategy to put the meme king in the center stage of the social media’s crypto capabilities. Market participants are, at least, betting on further momentum.

Wtf is elon doing pic.twitter.com/zFHU2h3Kqr

— Tree of Alpha (@Tree_of_Alpha) April 3, 2023 

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1 year ago

A pseudonym trader that keeps track of DOGE’s price action, stated the following on DOGE’s potential to continue its current trend:

Might re-enter if Elon, or Twitter official accounts, come out and says something quite positive about it (possible implementations). Your next step is likely tracking those two and keeping an eye out for anything Doge-related.

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Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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