Dogecoin Gains 25% After Token's Symbol Replaces Blue Bird as Twitter Logo

Dogecoin (DOGE) is higher by 25% over the past 24 hours after the Shiba Inu symbol representing the token replaced the familiar blue bird atop the Twitter homepage.

The popular meme coin was trading at $0.097, its highest level since early February. DOGE rose more than 30% in the hour following the change.

Elon Musk in the past has suggested the meme coin may offer better payments functionality than bitcoin.

This is a developing story. Please check back for updates.

UPDATE (April 3, 2023, 18:09 UTC): Updates percentage gain in headline and first paragraph, and adds historical price information.

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