Dogecoin falls 9% after Twitter removed Doge meme from home button

Dogecoin falls 9% after Twitter removed Doge meme from home button

Twitter owner Elon Musk has long been a supporter of Dogecoin.

Dogecoin fell as much as 9% as some Twitter users saw their home buttons on the social media platform revert to the iconic blue bird days after they were replaced with the cryptocurrency-related dog meme logo returned.

As of Monday, Twitter users saw a cartoon of the Shiba Inu in the top-left corner of the social media service’s homepage, which is the visual representation of the Doge meme.

Twitter owner Elon Musk has long been a supporter of Dogecoin, a cryptocurrency created as a hoax in 2013 and accepted as payment for goods at Tesla Inc., another company he runs.

Twitter didn’t respond to a Bloomberg question about restoring its bird logo.

Dogecoin fell as low as 8.4 cents, compared to the peak of 10.5 cents it hit Monday after Twitter changed its logo.

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