Dogecoin jumps after Elon Musk replaces Twitter bird with Shiba Inu

Elon Musk's Twitter Logo Change Sparks Price Surge for Dogecoin.

In a surprise move, Elon Musk replaced the traditional Twitter bird logo with an image of a Shiba Inu, a symbol commonly associated with dogecoin, a cryptocurrency that has been at the center of a high-profile lawsuit accusing Musk of running a pyramid scheme. The change was made on Monday afternoon, just two days after Musk asked a judge to dismiss the $258 billion racketeering lawsuit.

Musk's decision to swap out the Twitter bird for a Shiba Inu comes as lawyers for both sides have been trading barbs over the nature of his tweets about dogecoin. Critics have labeled the lawsuit against Musk "fanciful work of fiction," while Tesla and Musk himself have downplayed its legitimacy, with Musk describing it as an "innocuous and often silly tweet."

However, it seems that Musk's move to change the Twitter logo has had a very real impact on the price of dogecoin. The cryptocurrency experienced a 20% surge in value over the past 24 hours, trading at around 9 cents per coin. This is a significant increase from its morning price of just under 8 cents.

It's worth noting that dogecoin was originally created as a joke by two software engineers in December 2013. The name "dogecoin" is a nod to the popular internet meme, which features an image of a Shiba Inu surrounded by Comic Sans text and broken English. Musk has long been associated with the dogecoin brand, despite the cryptocurrency's humble origins.

The long-term implications of Musk's logo change remain unclear. While it may be a one-off move, some analysts believe that it could have a lasting impact on the price of dogecoin and other cryptocurrencies tied to the billionaire entrepreneur. For now, however, it seems that Musk's decision has sparked a renewed wave of interest in the cryptocurrency, with its price surging as a result.

omg I'm freaking out over this lol like what even is going on with Elon and dogecoin?! he's literally making moves left and right and it's affecting these cryptos in a HUGE way! I'm not mad or anything, but can't help but wonder if this is some kinda marketing genius or just pure chaos anyway, 20% surge in value? that's straight fire gotta keep an eye on this one

I think this is a classic case of market manipulation by Musk... just kidding . Seriously though, it's wild to see how one simple logo change can send shockwaves through the cryptocurrency market. The fact that dogecoin's value surged 20% in just 24 hours is impressive, but also a bit unsettling.

On one hand, you could say that Musk has inadvertently brought more attention to dogecoin, which was initially created as a joke. It's not hard to see why someone like Elon Musk would be interested in this particular cryptocurrency – it's got a certain... je ne sais quoi . But on the other hand, some people might view his involvement as a bit too cozy, especially given the lawsuit against him.

It's also worth considering that there are probably some savvy investors out there who are just waiting for an opportunity to pounce on this trend and make a quick buck. In that sense, it's almost like Musk has become a human cryptocurrency pump and dump mechanism... not sure if that's a good thing or not .

One thing's for sure: this is definitely making headlines, and I'm curious to see how the situation unfolds in the coming days. Will dogecoin continue to soar, or will it get pulled back down to earth? Only time will tell!

I'm lowkey surprised by this lol the price surge for Dogecoin is wild! I mean, I knew Elon was a bit of a wild card but this takes it to another level I've been following Dogecoin since its early days and it's crazy to see how far it's come. The fact that Musk's tweet about it sparked all this attention is just insane . I'm not saying the lawsuit isn't without merit, but I do think there's some truth to the claim that Musk has been a bit of a "Dogecoin dad" – you know, always showing love for the underdog crypto . Anyway, it'll be interesting to see how this plays out and what other surprises Elon has up his sleeve

I'm loving this drama!!! I mean, who doesn't love a good Twitter controversy? And Elon's move to change the logo is straight fire ! I can see why it would spark a price surge for Dogecoin - Musk is like a superfan of the crypto . It's hilarious that people are still going back and forth about whether he's serious or just trolling us . Either way, it's been entertaining to watch from afar! Can't wait to see what else Elon's got up his sleeve...

idk what's going on w/ elon musk rn he changes twitter logo 2 a shiba inu & dogecoin prices jump by 20% lol is this guy for real? i mean i get it, dogecoin was originally a joke but now its getting all serious cuz of him and honestly, who knows w/ this kinda power maybe he's just trolling us all again

so i think elon musk's move is kinda clever, but also super suspicious at the same time. like, why change the twitter logo to a shiba inu out of nowhere? and what's really going on with that dogecoin lawsuit? from what i've read, it seems like musk has been using dogecoin as some kind of inside joke, but now it's causing all this drama. the price surge is definitely weird, especially since it happened right after musk asked to dismiss the lawsuit. is he trying to send a message or just messing with people? i'm not sure what to think, but one thing's for sure - this whole situation is like a wild rollercoaster ride of emotions and speculation!

I'm telling ya, this is crazy! Elon Musk thinks he can just flip the Twitter logo and watch dogecoin's value skyrocket? I mean, I know he's got some serious clout with his tweets, but come on, 20% in one day? That's like something out of a meme (and we all know how much I love those ). And let me tell you, I was here for the dogecoin jokes back in the day. I mean, who wouldn't laugh at a Shiba Inu with Comic Sans text? But seriously, this just goes to show that money can buy influence (and apparently, attention too... eyes are on the prize, folks ).

Musk's Twitter logo change is like a "dogecoin" trigger - suddenly people care about doge! Next thing you know, he'll be tweeting with Comic Sans too

omg i just checked my dogecoin wallet and it's like 10 cents lol what did i do to deserve this kind of fortune idk but im low-key thrilled anyway i think elon's move is pretty weird, like why swap out the old logo for a shiba inu? is he trying to stir up drama or something idk but its def got people talking and i gotta ask, has anyone else seen their dogecoin value skyrocket overnight?

I'm not surprised about this whole thing . I mean, Elon Musk is known for being a wild card, right? He literally changed the Twitter logo to a Shiba Inu out of nowhere... like what's next, changing the color scheme to green and blue? But seriously, it's pretty funny that people are getting all worked up over this. Dogecoin was already super volatile, so I guess this is just the cherry on top . And honestly, if you're invested in dogecoin, you should probably be used to price swings by now... like, have you not been paying attention?

OMG, Elon's got some 'splainin' to do! I mean, who knew changing the Twitter logo could be so... ruff? Like, did he really think swapping out the bird for a Shiba Inu would make everyone forget about the whole "pyramid scheme" thing? And now Dogecoin is like, "Hey, I'm relevant again!" It's like when you're at a party and someone spills beer on your shirt – it gets all attention!

so theres this rich dude elon musk who just changed twitter's logo to a shiba inu and suddenly dogecoin goes up 20% like woah what a coincidence? or is he trying to say something with the change, idk but i think its pretty funny that he's basically advertising his own joke about dogecoin lol

just saw this and i'm like wut is good?! so elon musk changes twitter logo to shiba inu and dogecoin price skyrockets now i know musk's been associated with dogecoin for a while but 20% surge in 24 hours? that's wild i mean if he can just throw his weight behind a meme crypto, who needs actual regulatory oversight lol anyway, it'll be interesting to see how this all plays out

just when you thought twitter was stable, musk brings the chaos & dogecoin is like "holy guac, i'm on fire!!" 20% surge in value? that's wild! i mean, who knew a shiba inu logo change could have such a huge impact on cryptocurrency prices? it's almost like musk is playing some kind of game , and we're all just along for the ride . anyway, as a format freak, i'm more interested in how this will affect the overall design aesthetic of twitter . is the new logo going to be a permanent change? what about the brand identity crisis? so much to unpack

ummm... so like what's going on with elon musk and his tweet logos ? he changed it to a shiba inu and now dogecoin is worth like 20% more but isn't that just a weird coincidence or somethin'? i mean, the dude has been saying some pretty funny stuff about dogecoin for ages so maybe his tweets are actually what's making the price go up? but at the same time, it seems like everyone's getting all worked up over this and it's kinda hard to say whether it's a good thing or not my brain is all like "wait, what's going on?"

so what's up with Elon changing the Twitter logo to a Shiba Inu? Like, I get it, he's trying to stir up some drama around dogecoin, but 20% surge in value is wild ! I mean, who knew his tweets about dogecoin would spark such a reaction? . And now Musk's team is downplaying the lawsuit as "innocuous and silly" – yeah right . Anyways, it's clear that Elon knows how to get people talking (and buying) !

Interesting how Elon Musk's Twitter logo change is affecting dogecoin prices 20% surge in value over just 24 hours? That's crazy I wonder if it's just a coincidence or if Musk has some real influence over the crypto world

"Actions speak louder than words ." Maybe Elon Musk's latest move was just a clever marketing ploy? I don't know if his logo change is a good thing for dogecoin or not, but it's definitely got people talking . Can we trust that he didn't just do this to stir up some drama and make the crypto even more "interesting"? Either way, one thing's for sure - it's made headlines all over the world !

I'm low-key surprised by how much this change affected dogecoin's value . I mean, Elon's been saying some weird stuff about it before, so I wouldn't have expected such a big reaction . But at the same time, I get why some people might see it as a clever move to stir things up and make everyone talk about dogecoin again .

It's also pretty interesting that Musk asked to dismiss the lawsuit just two days before changing the Twitter logo . Was that a ploy to avoid scrutiny about his tweets on dogecoin, or was he just trying to shake off the lawsuit altogether? Either way, it seems like his move had an impact on dogecoin's price .

I don't know how much longer this will last, but for now, I'm curious to see how dogecoin's value holds up . Maybe Musk's logo change was just a publicity stunt, or maybe it'll have some real-world consequences who knows .