Dogecoin Value Dips 9% Following Removal of Logo from Twitter Home Button
Dogecoin's value experienced a 9% drop after its logo, which had temporarily replaced Twitter's home button, was removed and replaced with the original blue-bird logo. Elon Musk, a known supporter of Dogecoin, had previously incorporated the cryptocurrency as a payment option at Tesla.
The reason behind the logo's removal remains unclear as Twitter did not comment on the matter. Dogecoin's value dipped to 8.4 cents after the logo change reversal, compared to its high of 10.5 cents on Monday when the logo was introduced.