DOGE to the Moon Due to Twitter Logo Change; PancakeSwap V3 Came to Light

Daily Top Mover  — Dogecoin (DOGE)



U.S. equities were mixed on Monday in the face of a surprising production cut from OPEC+, which may add fuel to elevated inflation. The broader cryptocurrency market went up slightly, with Bitcoin and Ether up by 0.47% and 1.71%, respectively, in the past 24 hours. The top mover for today is DOGE, which has increased by 24.55% in the past 24 hours, as Elon Musk replaces the Twitter logo with the Dogecoin logo.





DOGE surges following the picture tweeted by Elon Musk, which implies that the Twitter logo may change to the Dogecoin logo. DOGE has been criticized for years over its speculative token movements, where Elon Musk’s comments or remarks usually send the token to the moon in a short period of time. However, it has to be noted that the spiking price is still of speculative nature, with details further to be released by the Chief Twit.

Check Out the Latest Prices, Charts, and Data of DOGE/USDT!



Talk of the Town





PancakeSwap, the largest DEX on BNB Chain, has launched its version 3 (V3) which features variable trading fees and concentrated liquidity. Compared to version 2, V3 will offer 4 trading fee tiers, 0.01%, 0.05%, 0.25%, and 1%. The higher fee represents higher fee rebates to liquidity providers (LPs) and increases the network's retention rate. The other feature, concentrated liquidity, similar to what Uniswap V3 offers, may result in higher fees for LPs and catch up with its competitors. 



Check out what else is buzzing in the crypto scene today:



US Government Dumps Bitcoin Stolen From Silk Road, $1.2B To Go. (Link)

PancakeSwap DEX Launches Version 3 on BNB Chain and Ethereum. (Link)

Ethereum Bot Gets Attacked for $20M as Validator Strikes Back. (Link)

Crypto Startups Find UK Banks Won’t Give Them Accounts. (Link)