Cryptocurrency Q&A Why did Dogecoin (Doge) surge 35%?

Why did Dogecoin (Doge) surge 35%?

Martina Martina Mon Dec 16 2024 | 5 answers 1214
I'm wondering why Dogecoin, often referred to as Doge, experienced a significant increase of 35% in value. What factors could have contributed to such a substantial surge in the cryptocurrency market? Why did Dogecoin (Doge) surge 35%?

5 answers

Sara Sara Wed Dec 18 2024
The surge occurred after Elon Musk's Twitter account made a change to the platform's homepage.

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SamuraiCourageous SamuraiCourageous Wed Dec 18 2024
Dogecoin (DOGE) experienced a significant surge in value following a notable event on Twitter.

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MichaelSmith MichaelSmith Tue Dec 17 2024
Specifically, the familiar blue bird logo that represents Twitter was replaced with the iconic Shiba Inu dog logo associated with Dogecoin.

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Tommaso Tommaso Tue Dec 17 2024
This change had a dramatic impact on the cryptocurrency's market value.

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EnchantedSoul EnchantedSoul Tue Dec 17 2024
Within a short period, DOGE's value soared by more than 35%.

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