Dogecoin Goes Red: Can What Lies Hidden In McDonald's, Burger King Logos Reverse The Good Boi's Fortunes?

Dogecoin DOGE/USD traded 4.5% lower at $0.12 over 24 hours leading up to early Thursday morning. 

See Also: How To Buy Dogecoin (DOGE)

Why Is It Moving?  DOGE traded in the red along with other major coins at press time as the global cryptocurrency marketcap fell 4.2% to $1.76 trillion at press time. 

DOGE was not among the most mentioned coins on Twitter at press time, according to Cointrendz data.

The three most coins at press time were Bitcoin, Elrond, and Ripple. They attracted 2,490, 2,353, and 1,219 tweets, respectively.

on Wednesday night, DOGE spiked along with other coins after an executive order issued by President Joe Biden was perceived as benign by the market.

DOGE co-creator Billy Markus posted a meme on the volatile upheaval that the cryptocurrency market is witnessing currently. 

whee pic.twitter.com/Fx1qhlFz7D

— Shibetoshi Nakamoto (@BillyM2k) March 10, 2022

Dogecoin Chatter: On Wednesday, Dogecoin-millionaire, Glauber Contessoto, said the cheaper DOGE gets the more “people will be willing to buy in.”

We honestly have to look at this as an opportunity for new investors to get on board the #dogecoin train. When I said I want us all to be rich - I meant it, obviously that’s statistically impossible but the cheaper that #doge is the more people will be willing to buy in.

— SlumDOGE Millionaire (@ProTheDoge) March 9, 2022

Markus retweeted a post that featured a modified version of the meme shared by Tesla Inc TSLA CEO Elon Musk earlier on Wednesday. 

The DOGE co-creator wondered if the presence of “Dogecoin” in the collective logos of certain fast food companies was coincidental. 

Coincidence, @McDonalds @MrBeastBurger @tacobell @BurgerKing? https://t.co/rRIC0jA2q2

— Shibetoshi Nakamoto (@BillyM2k) March 10, 2022

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