Is Elon Musk updating the Twitter logo another step towards getting dogecoin – sometimes unironically called the people's cryptocurrency – into the hands of the masses? Opinion for 'The Node' newsletter, by danielgkuhn
So this is how mass adoption happens? Elon Musk, at least at one point the world’s richest man, replaced Twitter’s classic blue bird logo with a sprite of DOGE, the Shiba Inu known as much for the meme as the memecoin. Dogecoin spiked something like 40%, and hasn’t yet crashed. I hear there’s excitement brewing DOGE could pump above the $0.
This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullDogecoin is apparently spiking because people believe that Elon Musk could soon integrate a permanent dogecoin payment system on Twitter, the microblogging platform he overpaid for .
Of course, this is my attempt to ascribe meaning to crypto price moves. Prices are basically the only thing that matter in crypto, but rarely for any reason investors typically rely on when evaluating the expected return of an asset. Instead, crypto prices are almost a perfect reflection of market sentiment – or, to put it in the people’s language, vibe. The coronavirus shutting down the global economy? Bad vibes.
Elon Musk has manipulated the price of dogecoin in the past. The first time it happened, in early 2020, DOGE jumped after the Tesla founder tweeted out a meme. He apparently got a taste of something he enjoys – power through shitposting – because he pulled similar moves again and again, each time raising the stakes as the joke grew stale. He
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Elon Changes Twitter Logo to Doge — What Does That Mean for Crypto? | CoinMarketCapElonMusk paid $44 billion to change the Twitter logo to the Dogecoin meme. 🤓 So what does this mean for the crypto community?
Weiterlesen »
Elon Musk Makes It Harder to Shame Twitter Blue SubscribersTwitter's verification flag has changed once again, making legacy verified accounts and Twitter Blue subscribers virtually indistinguishable — and harder to publicly shame.
Weiterlesen »
Elon Musk takes away The New York Times' legacy blue checkmarkThe news publication announced last week that it wasn't going to be paying for Twitter Blue, the $8 subscription service that verifies users
Weiterlesen »
Why Did Elon Musk Change the Twitter Logo to the Dogecoin Cryptocurrency Meme?Elon Musk is now using the design of Twitter itself to make hilarious (?) jokes. On Monday, without warning, the iconic Twitter bird logo on the home button of the social network’s web versio…
Weiterlesen »
Buy Tesla stock with Elon Musk's EV price war boosting demand: WedbushTesla could extend its massive rally this year with Elon Musk's EV price war clearly stoking up demand, Wedbush says
Weiterlesen »
Dogecoin jumps after Elon Musk replaces Twitter bird with Shiba Inu | CNN BusinessTwitter's traditional bird icon was booted and replaced with an image of a Shiba Inu, an apparent nod to dogecoin, the joke cryptocurrency that CEO Elon Musk is being sued over.
Weiterlesen »