New Delhi: After Elon Musk changed Twitter’s bird logo to Dogecoin’s Shiba Inu on April 3, online searches for cryptocurrency ‘dogecoin’ on Google soared by 1,992 per cent worldwide, a new report showed on Tuesday.
Searches by Japanese online casino guide 6Takarakuji showed that this is a more than 20x increase in search interest compared to the average level over the past seven days.
Searches for ‘buy doge’ and ‘buy dogcoin’ also increased by 1,044 and 253 percent, respectively, and Shiba Inu Coin also saw a 132 percent increase.
“Elon Musk shows his power with a logo change. By removing the iconic Twitter bird logo, Musk shows that Twitter belongs to him. The effects of his actions are evident in the form of increased user interest in Dogecoin, as investors flock to buy Doge.” Rushed to capture any potential returns as prices go up. But how long will this last?” 6 a spokesman for Takarakuji said.
Furthermore, the report revealed that Google searches for ‘Twitter’ have increased by 38 per cent in the past seven days as users noticed the change.
According to Google Trends data, nearly three-quarters (72 percent) of the top searches done on Twitter in the last seven days are related to the new logo, which has created a buzz among internet users.
Furthermore, the report mentions that the price of Dogecoin has increased by more than 30 percent and now Coinmarketcap.