Elon Musk accused of pumping DOGE to settle Twitter debt

After Tesla (NASDAQ: TSLA) and Twitter (NYSE: TWTR) CEO Elon Musk randomly changed the legacy blue bird Twitter icon to that of Dogecoin (DOGE), upon which the meme coin’s price skyrocketed, a Bitcoin (BTC) purist has accused him of intentionally pumping the price of Dogecoin for his own goals.

Specifically, popular Bitcoin maximalist Jimmy Song believes that Musk’s recent change of the Twitter icon to the DOGE logo was a ploy to settle his financial obligations after acquiring the social media network and not just a show of support for the asset, according to Song’s Twitter post published on April 4.

Meanwhile, the machine learning algorithms at the crypto tracking platform PricePredictions are optimistic as well, having projected that the price of DOGE on April 30, 2023, would amount to $0.103899, as Finbold reported earlier. At press time, these predictions are slightly less bullish, setting the possible price of Dogecoin at $0.102147 for the same date.

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