04 Apr Dogecoin increases value by 30% after elon musk changes Twitter logo
Dogecoin increased its value by 30% after Elon Musk, now the owner of Twitter, decided to change the famous blue bird logo with the dog from Dogecoin.
The eccentric billionaire who paid USD 44 billion for the social media platform last year is also famous for the jokes he had often made using the platform as a user. As he’s the owner, his jokes have a new dimension.
The last one is considered by many too drastic, as Twitter’s logo has never been changed. Notably, the logo is changed only on the desktop version, as the mobile version displays the same old logo.
This is quite a lesson for all those who are into crypto marketing. As a crypto marketing agency, we all know the importance of good marketing for any crypto project, especially when discussing crypto coins. We also know that when Elon Musk posted a tweet on Dogecoin, its value increased overnight.
This is what crypto marketing is all about, apart from the crypto project’s inside value, and good PR is the key. And real-life influencers can influence the value of any crypto or blockchain project.
Even so, most digital marketing specialists think the change is only temporary. Apart from that, even though the markets reacted to this PR stunt, the value growth is not at the level such an action would’ve customarily determined.