Elon Musk adopted Dogecoin’s Doge as Twitter's new logo replacing the bluebird. This caused a massive price surge. Will Dogecoin hit $1?
- DOGE surpassed Cardano (ADA) by market cap in the last 24h.
- Dogecoin is the new brand logo of Elon Musk-owned Twitter.
- In the last 12h, a whale transaction of 950M DOGE was detected.
Following the “Doge” transformation of the Twitter logo, the largest memecoin Dogecoin exhibited its whopping price surge and new highs since last December. Significantly, Dogecoin overtook Cardano (ADA) in market capitalization on Tuesday during Asian midnight hours. The market cap of DOGE hit its 3-month-high of $14.11 billion.
Dogecoin Turns Bullish in 24H
The Elon Musk-induced pro-Doge campaign on Twitter became a major reason for another milestone in the Dogecoin price archive of 2023. DOGE laid its longest 1-day green candle on Monday since late October 2022.
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