Biggest Movers: DOGE Down 8% as Twitter Removes Logo – Market Updates Bitcoin News

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DOGE drops 8% today, as Twitter removes meme coin logo.

Dogecoin was once again in the red on Friday, as Twitter finally removed the doge icon as its logo. The meme coin raced to a four-month high earlier in the week, after the social media giant unexpectedly added a cartoon image of doge on its website. Overall, crypto markets were mostly lower, with xrp a notable exception.Dogecoin fell for a fourth consecutive session on Friday, as Twitter finally removed the doge icon as its logo.

DOGE/USD surged to a high of $0.1048 on Tuesday, however as sentiment shifted, the meme coin fell to a low of $0.08185 earlier today. Bears appear to be pushing doge towards a long-term floor at $0.0780, with prices down by nearly 9% today.Looking at the chart, the latest drop in price coincided with the 14-day relative strength index falling below support at 55.00.

Currently, price strength is tracking at the 52.85 mark, with a lower floor at 50.00 a possible target for sellers.

 

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Why was the doge removed?

Did Twitter engineers short it before removing the logo?

😂 Feel bad for anyone duped into shitcoining. Stacksats btc

All my 100 doge in ownr wallet will not make me rich...

Looks like my doge in ownr will never be pumped hard...

Doge=dog of elon🧸🧸

Just noticed that actually

Late as always

Dogecoin is considered an 'inflationary coin,' while cryptocurrencies like Bitcoin are deflationary because there's a ceiling on the number of coins that will be created. As the logo returned back to the bird logo it was expected to play out this way. Well I keep trading on mexc

Starting to wonder about old Elon and his crypto scams

Wow, what a surprise. The speculative memecoin got back.

xD

Yes

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Ohhh..... The poor Dog falls again

Our shop still welcomes users to use Dogecoin to pay when shopping Uquid Web3

Hee didd it in 2023.

strong startt

This pump was not as impressive as expected

Brilliant, but using ChiefraFba for signals and analysis

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