has jumped back to 16th place from 19th by market capitalization, according to data provided by the CoinMarketCap website.Now, Avalanche has taken 16th place on that crypto analytics platform.
's market cap at the moment stands at $4.63 billion, while yesterday it went up from a low of $4.3 billion to $4.69 billion., while talking about logos for the X app, which Twitter is being currently rebranded to. Musk mentioned that in the past they briefly rebranded the logo into a Shiba Inu dog.
the cryptocurrency of the X platform. It was that mention that mainly pushed Shiba Inu's market cap upward and also drove its price up by 3.33%. By now, however, has descended by 1.94% and is changing hands at $0.00000780 on the Binance exchange.In his tweet, Elon Musk was most likely referring to the case that happened in April this year, when Twitter briefly changed the bluebird logo to the DOGE mascot. That pushed the Dogecoin price up by 8% as the community also thought that the tech tycoon was going to integrate DOGE payments on the platform. However, in less than a week, the older, classical logo was returned to Twitter.
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