Plus 30% in half an hour thanks to the partnership with Musk’s social network, always a great supporter
In the past few hours, the Twitter logo on the desktop site has been replaced by the Dogecoin icon, a popular blockchain and cryptocurrency that has often been associated with the name of Elon Musk, the new CEO of the social network. What is evidently a sponsorship has skyrocketed Dogecoins, increasing their value by 30 percent in less than 30 minutes from the appearance of the shiba inu dog, symbol of the blockchain, in place of the blue bird. Dogecoin is famous for having a far from constant trend in the crypto market, and for this reason it is at the center of a lawsuit filed by a group of investors against Musk. The Twitter CEO is accused of having pushed to invest in Dogecoin just before their value collapsed: and in fact, Musk has repeatedly praised the cryptocurrency as the most “democratic” one and about to make more and more. But Musk does not look back and continues his policy of maximizing profits for Twitter, which has recently been at the center of controversy and criticism for having introduced several controversial solutions in the functioning of the social network, first of all the sale of the blue badge for verified accounts to anyone who decides to pay a monthly subscription.