Checked Twitter Woofer this morning? You’ll likely know by now then that Elon Musk has changed the bird icon to the Dogecoin symbol – a knowing-looking shiba inu dog meme. And yep, DOGE has pumped with much wowness.

We’ll see if that price action (and logo) holds by the time we get into some daily crypto price action further below.

Twitter’s blue bird logo – on its loading page and on homepages – suddenly, and without warning, morphed into a a pic of the famous/infamous “Doge” meme on Monday morning. Unsurprisingly, Dogecoin (DOGE) has pumped. The fork-of-a-fork of Bitcoin is currently up about 20% over the past 24 hours.

Must be fun to be a stupendously rich and unashamedly immature bloke treating the world as his play thing.

Musk, who became CEO of Twitter last year, is sometimes referred to, within crypto circles at least, as “The Dogefather” and is a longtime Dogecoin supporter, enabling the crypto as a means of payment for Tesla merchandise, for instance.

It remains to be seen how permanent the Doge icon move is for Twitter, and indeed if the billionaire intends to call the platform something else entirely. Suggestions? Woofer? Mutter? Twitdog? Er, Dogger?

But it comes on the back of news that Musk and his lawyers have asked a Manhattan judge to throw out a US$258 billion lawsuit centred around the accusation that the Tesla CEO is running a pyramid scheme to pump the price of Dogecoin. Musk’s lawyers have described the lawsuit as a “fanciful work of fiction”.

“There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion,” reads the Musk legal team response. “This court should put a stop to plaintiffs’ fantasy and dismiss the complaint.”

In further Twitter-related happenings, head over to Eddy Sunarto’s Market Highlights to find out why Musk has deleted The New York Times’ blue checkmark on his platform.

 

Meanwhile, the CZ Interpol rumour… It’s just ‘FUD’, right?

In other news, there is an as-yet “unverified rumour” doing the rounds on Twi… whatever it’s called… that an Interpol Red Notice has been issued for Binance CEO Changpeng Zhou, aka CZ.

As reported by CoinDesk and others, popular Crypto Twitterer “Cobie” posted a curious encrypted message in the wee hours this morning (AEDT) that showed a series of letters and numbers in a cryptography SHA-26 code. It was later translated by someone to read: “Interpol Red Notice for CZ”.

“A Red Notice is a request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action,” reads the Interpol website.

CZ and Binance have been pretty quick to respond, dismissing it all as Photoshopped and false and yet-more unnecessary spread of  “FUD” (fear, uncertainty and doubt) regarding the world’s biggest crypto exchange.

Perhaps in this instance, where there’s smoke, there’s not necessarily any fire.

The Binance CEO has also, once again, been posting the number ‘4’, which is a traditionally unlucky Chinese number and is reportedly his way of saying “Ignore FUD, fake news, attacks etc”.

 

Top 10 overview

With the overall crypto market cap at US$1.21 trillion, down a fraction since this time yesterday, here’s the current state of play among top 10 tokens – according to CoinGecko.

The Binance and CZ-related rumour mill has probably contributed to sending the price of Bitcoin (BTC) back below US$28k again for the moment, although there may also be some continuing correlation to the US stock markets, which are also a little choppy at present.

The price of Binance’s exchange and ecosystem token BNB has taken a bit of a hit, although it’s only a small body blow at this stage.

DOGE, for reasons already explained, is clearly the big daily winner, now up 21% at the time of writing. Here’s how at least one Twitter-popular crypto trader is playing it…

 

 

Uppers and downers: 11–100

Sweeping a market-cap range of about US$7.94 billion to about US$433 million in the rest of the top 100, let’s find some of the biggest 24-hour gainers and losers at press time. (Stats accurate at time of publishing, based on CoinGecko.com data.)

PUMPERS

• SXP (SXP), (market cap: US$491 million) +25%

• Injective (INJ), (mc: US$467 million) +13%

• Frax Share (FXS), (mc: US$643 million) +5%

• Chiliz (CHZ), (mc: US$661 million) +5%

• Shiba Inu (SHIB), (mc: US$6.6 billion) +4%

 

SLUMPERS

• Aptos (APT), (market cap: US$2 billion) -6%

• Hedera (HBAR), (mc: US$2.1 billion) -5%

• Kaspa (KAS), (mc: US$660 million) -6%

• Zilliqa (ZIL), (mc: US$484 million) -5%

• EOS (EOS), (mc: US$1.29 billion) -4%

 

Around the blocks

Some pertinence and randomness that stuck with us on our morning moves through the Crypto Wooferverse.

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