The value of the most popular meme token DOGE has skyrocketed.
After Twitter’s logo was changed to Dogecoin, the asset’s value skyrocketed in a short time.
After the social media giant Twitter’s logo was changed, DOGE’s value rose by over 20% in a short time.
The meme token, which Elon Musk, who is also the CEO of Tesla and SpaceX, regularly “shills”, managed to rise to the level of $ 0.73 during the bull season. Despite its recent rise, the asset is trading roughly 80% below the ATH level.
Dogecoin Takes Off
Elon Musk bought Twitter for $44 billion last October. After the deal, the crypto community had been waiting for a move on Dogecoin from Elon Musk for a long time.
With Twitter’s new logo being DOGE, the meme token’s value has managed to skyrocket.
DOGE managed to surpass the $0.1 level, according to data from the crypto exchange Binance.
At the time of writing, Dogecoin is trading at $0.1 according to data from the crypto exchange Binance.