The gig is up, Twitter’s iconic blue bird is back leaving the Doge behind. Elon Musk and his team have ended what seems now as a late April Fool’s prank.
The actions on the Twitter-verse caused the leading meme-cryptocurrency, Dogecoin’s price to fall by 9% in just a few minutes after CEO of Twitter, Elon Musk restored the old iconic blue-bird logo from the Doge symbol, ending the rally in the coin.
In the last 24 hours, Dogecoin fell from $0.92 to $0.085, according to CoinMarketCap.
Elon Musk has been a staunch supporter of Dogecoin for the last few years and came forward many times to show his love for the meme coin.
On April 3, Twitter users have seen an updated logo to the Dogecoin symbol, which has sparked guesses that it may have indicated a big update about the coin like it could become an official token for Twitter for payments.
Also, the euphoria led to helped Dogecoin to gain 23% value in the single day after Elon Musk’s action.