Elon Musk has sent shockwaves through Twitter's user base by unveiling an unorthodox logo replacement - the traditional bird icon has been swapped out for an image of a Shiba Inu, a nod to Dogecoin, the joke cryptocurrency that Musk is being sued over.
The move comes on the heels of Musk's decision to ask a judge to dismiss a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support Dogecoin. The case was brought by investors who claim Musk used his tweets as a means to artificially inflate the value of the cryptocurrency.
In a tweet that read "as promised," Musk linked to an old conversation where a user suggested he simply buy Twitter and replace the logo with a doge, sparking widespread speculation that this might be exactly what Musk planned all along. However, it's unclear whether the logo change is permanent or a publicity stunt designed to troll his fans and critics.
The sudden appearance of the Dogecoin logo on Twitter's site has sent prices skyrocketing for the cryptocurrency, which saw a 20% surge over the past 24 hours. Despite its volatile nature, Dogecoin has been trading at around 9 cents per coin as of press time.
For those unfamiliar with Dogecoin, it was created in December 2013 by two software engineers who used Comic Sans and intentionally crafted a design that mimics popular internet memes. The cryptocurrency's mascot, a Shiba Inu dog surrounded by broken English, has become an iconic symbol for the community of enthusiasts who follow its price movements.
Musk, known for his unpredictable behavior on Twitter, often uses the platform to engage with his followers and test boundaries. With this latest move, he appears to be having a bit of fun at the expense of Dogecoin investors, while also keeping fans entertained in the process.
The move comes on the heels of Musk's decision to ask a judge to dismiss a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support Dogecoin. The case was brought by investors who claim Musk used his tweets as a means to artificially inflate the value of the cryptocurrency.
In a tweet that read "as promised," Musk linked to an old conversation where a user suggested he simply buy Twitter and replace the logo with a doge, sparking widespread speculation that this might be exactly what Musk planned all along. However, it's unclear whether the logo change is permanent or a publicity stunt designed to troll his fans and critics.
The sudden appearance of the Dogecoin logo on Twitter's site has sent prices skyrocketing for the cryptocurrency, which saw a 20% surge over the past 24 hours. Despite its volatile nature, Dogecoin has been trading at around 9 cents per coin as of press time.
For those unfamiliar with Dogecoin, it was created in December 2013 by two software engineers who used Comic Sans and intentionally crafted a design that mimics popular internet memes. The cryptocurrency's mascot, a Shiba Inu dog surrounded by broken English, has become an iconic symbol for the community of enthusiasts who follow its price movements.
Musk, known for his unpredictable behavior on Twitter, often uses the platform to engage with his followers and test boundaries. With this latest move, he appears to be having a bit of fun at the expense of Dogecoin investors, while also keeping fans entertained in the process.
just bought dogecoin as a joke, only to see its price skyrocket 
meanwhile, those investors who sued him are probs gonna get roasted 
i mean, come on, 20% surge in one day? that's like a guaranteed pyramid scheme alert 
but honestly, i think it's kinda cool how musk is just owning his joke and running w/ it 
maybe he'll even make dogecoin go to the moon 
I mean, what's next? Elon Musk just swapping out Twitter's logo for a Pikachu or something 
. And 20% surge in price over the past day? That's just crazy 
. I'm both entertained and confused by Musk's antics at this point 
. Can't wait to see what he does next 
.
! Like, I get that some people are salty about Dogecoin being sued and all that jazz, but come on, it's just a bit of fun for him and his followers. And can we talk about how awesome the Shiba Inu is? It's like, the ultimate meme dog 
and now Twitter's site looks like a joke, lolol. but hey, at least Dogecoin fans are hyped 
You gotta take the unexpected twists and turns (like Musk asking for that lawsuit to be dismissed) and spin them into something fun and playful. Dogecoin's sudden surge in price can be seen as a reminder that even in chaotic markets, there's always an upside - just like how Musk used humor to turn the tables on his critics. The fact that he might not have planned this move from the start shows us that sometimes the best things in life are unplanned and full of surprises! 
And let's be real, who doesn't love a good meme? 
But let's get real, if Musk's being sued for allegedly inflating Dogecoin's value... how is this logo change gonna affect that lawsuit? 
. I was wandering around Tokyo, and I stumbled upon this tiny Shiba Inu cafe – it was adorable! They had like, 10 different breeds of dogs, but all of them were playing with dog toys or getting belly rubs... Anyway, what's the deal with Dogecoin again? 
. Has anyone tried those?