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- Dogecoin jumped 20% on Monday after Twitter users noticed the token's Shiba Inu mascot on Twitter's website.
- Elon Musk, who's regularly pumped the meme coin, also brushed off a lawsuit related to the token.
- Musk's lawyers defended his "silly" tweets about the coin, asking a judge to toss a $258 billion suit.
Dogecoin, the meme cryptocurrency that counts Elon Musk among its most famous supporters, soared 20% on Monday after the token's Shiba Inu mascot replaced the bird logo on Twitter's website. Meanwhile, Musk brushed off a lawsuit accusing him of running a pyramid scheme, with lawyers for the exec asking a judge to throw out the $258 billion case.
The price of Dogecoin surged to $.09 as of 2:30 pm ET, up about 19%.