The move sent the price of Dogecoin, which is usually volatile, jumping 30% in the past 24 hours, outperforming all other cryptocurrencies.
As a reminder, Elon Musk had promised to buy Twitter and make the Shiba Inu its logo, in a Twitter conversation with a user dated March 26, 2022. In a humorous tweet, he admitted to being at the origin of this sudden metamorphosis , without further details.
The latter even dared to publish on his social network a montage that shows this dog undergoing a police check, with a photo of the blue bird on his identity papers, saying that the image is “an old photograph”.
Dogecoin, launched on December 6, 2013 by a pair of software engineers as a joke, used the name of the “dog” meme that became popular a decade ago; it ranks 7th among the most capitalized cryptocurrencies of Coinmarketcap, with more than 13 billion dollars in capitalization.
