Benzinga - Following Twitter’s rebranding by Elon Musk, the CEO of Tesla and SpaceX, Dogecoin (CRYPTO: DOGE) experienced a surge of interest, with the cryptocurrency gaining 8% in value.
What Happened: At the exchange rate of $0.077 per coin, $100 would enable the acquisition of approximately 1287.609 Dogecoin.
Twitter users on Tuesday noticed an interesting change in Musk’s profile location. It now displays both an “X” and a “D.” The “X” is believed to reference Twitter’s recent rebranding, while the “D” is being interpreted as a nod to Dogecoin.
This observation has sparked speculation among users about the potential integration of a native cryptocurrency wallet within the Twitter platform. Such a move would eliminate the need for third-party services and bring Twitter closer to Elon Musk’s vision of “X, the everything app,” which aims to compete with China’s WeChat by offering a comprehensive range of features.
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Why It Matters: Interestingly, Twitter’s CEO Linda Yaccarino follows the official Twitter accounts of cryptocurrencies like Shiba Inu (CRYPTO: SHIB) and Dogecoin. She also follows Billy Markus, the co-creator of Dogecoin, as well as several influential figures within the Dogecoin community.
It is worth noting that this is not the first time Musk has played a role in altering Twitter’s logo. Earlier this year, he briefly replaced the logo with the Doge meme, which garnered attention and created a buzz among users.
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