Dogecoin has surged 24% in a month, outperforming major cryptos on Elon Musk's antics
Dogecoin has jumped 24% in the past month on Elon Musk's antics related to the meme token, outpacing a broader rally in the cryptocurrency market.The winning streak for the coin kicked off a few weeks ago as Twitter briefly changed its blue bird logo to a shiba inu, a nod to dogecoin's mascot. On the day Musk's social media platform switched the logo, dogecoin soaredWhen Insider reached out for comment on the matter, Twitter's press email auto-responded with a single poop emoji.
In early April, Musk's lawyers also requested to throw out a $258 billion lawsuit, that claimed the billionaire manipulated dogecoin's price and hiked it over 36,000%. Attorneys for Musk have called these accusations a"fanciful work of fiction," per court filings.
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