Dogecoin Price Drops After Twitter Logo Change
The price of Dogecoin has dropped significantly from its weekly high of $0.10 on Monday to $0.082. The price has slowly dropped from its weekly high after many investors assumed there were big plans awaiting the cryptocurrency on Twitter.
Earlier in the week, Twitter made headlines when they switched their logo from a bird to the Dogecoin mascot. This caused a sudden surge in price with many crypto investors speculating that Elon Musk, the new owner of Twitter, had devised a plan to incorporate the popular meme coin into the Twitter platform.