Bitcoin maximalist Jimmy Song has accused Elon Musk of pumping the price of Dogecoin (DOGE) for his own goals after the Tesla and Twitter CEO changed his Twitter icon to the DOGE logo. Song believes that Musk's move was a ploy to settle his financial obligations after acquiring Twitter, rather than a show of support for the asset. The price of DOGE climbed more than 22% in a matter of minutes after the logo change, bringing its market capitalization to the highest level since December 2022. Dogecoin has managed to retain the price acquired at the time of the icon update, currently changing hands at $0.10.
(By Ana Nicenko)
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