Twitter’s new canine icon is sending dogecoin — sigh — to the moon

Immediately Twitter customers are noticing that a picture of a canine has been added to a spot of prominence. You possibly can see it for your self on Twitter.com, the place you may be greeted with a pup:

Picture Credit: Twitter

The actual canine picture — a Shiba Inu — corresponds with the emblem of the dogecoin blockchain and cryptocurrency.

Usually the swapping out or addition of an icon inside an app isn’t information. On this case cryptocurrency buyers despatched the worth of dogecoin sharply greater within the wake of the inclusion of its brand in Twitter’s app. In brief, the social media service’s replace has led to a pump.

Right here’s what dogecoin’s value has accomplished within the wake of the canine’s inclusion:

Picture Credit: Yahoo! Finance

Look I don’t need to stay on this planet any longer both.

The larger context for this newest little bit of Twitter-silliness is that the proprietor of the social media service, Elon Musk, is in courtroom over dogecoin, seeking to dismiss a large go well with regarding the cryptocurrency. In that go well with, Musk’s legal professionals just lately known as dogecoin a “legit cryptocurrency that continues to carry a market cap of almost $10 billion,” arguing that Musk’s tweets thereof have been simply that. We suppose that this app replace is a part of Musk’s normal view on the litigation.

As of the time of writing, the worth of dogecoin has shot to round $12.4 billion. Maybe the crypto winter is behind us.