The use of its dog logo on Twitter by Elon Musk has stopped, leading to a drop in Dogecoin's value.

On April 3, DOGE experienced a surge when Elon Musk's social media firm replaced its blue bird logo with the mascot of Dogecoin. However, the cryptocurrency's value dropped when Twitter stopped using the Dogecoin mascot as its logo. As a result of this change, it fell to about 8.6 cents and even hit 8.5 cents earlier. On the other hand, DOGE's value had increased to 10.5 cents during the time Twitter used the Shiba Inu of Dogecoin as its logo instead of its usual blue bird, which was unexpected.