Dogecoin jumps after Elon Musk replaces Twitter bird with Shiba Inu | CNN Business

Elon Musk Unleashes Dogecoin's Potential with Twitter Bird Replacement.

In a move that sent shockwaves through the cryptocurrency world, Twitter CEO Elon Musk replaced the platform's iconic bird logo with an image of a Shiba Inu, the mascot of Dogecoin, the joke cryptocurrency that has been at the center of a high-profile lawsuit against Musk. The change came on Monday afternoon, with Musk tweeting "as promised" in reference to a year-old conversation where another user suggested that Musk "just buy Twitter" and "change the bird logo to a doge."

The decision to swap out the bird logo for the Shiba Inu image was seen as a nod to Dogecoin's community of supporters, who have been advocating for the cryptocurrency in recent days. The change came just two days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the coin.

Lawyers for Musk and Tesla have described the lawsuit as a "fanciful work of fiction" with no basis in reality, arguing that Musk's tweets about Dogecoin are often "innocuous and silly." However, the suit has failed to gain traction among investors, who appear to be taking Musk at his word.

The move has sent the price of Dogecoin soaring over 20% in just 24 hours, with the cryptocurrency trading at around 9 cents per coin. The sudden surge in value has left many wondering if this is a sign that Dogecoin's fortunes are finally turning around after years of being ridiculed by skeptics.

As one of Musk's most loyal followers noted, the Shiba Inu image on Twitter represents more than just a quirky meme โ€“ it represents a community that has been quietly building support for the cryptocurrency. Whether this change is permanent or not remains to be seen, but one thing is certain: Dogecoin has finally found its moment in the spotlight.
 
omg did u see twitters new logo ๐Ÿถ๐Ÿ‘€ i think it's kinda cool that elon musk is reping dogecoin tho lol 20% price increase in 24 hrs is insane!!! ๐Ÿ’ธ๐Ÿ’ฅ anyone else think this means dogecoin is for real now? ๐Ÿค”
 
OMG you guys, I'm low-key freaking out right now!!! ๐Ÿคฏ So like, Elon Musk just replaced Twitter's bird logo with a Shiba Inu and it's already sent DOGE prices through the roof ๐Ÿ’ธ! I know some ppl are saying it's just a joke, but let me tell u, this is HUGE ๐Ÿ”ฅ. I mean, think about it, if Musk can just change the logo to support Dogecoin, what else can he do to flip the script on all these lawsuits and haters? ๐Ÿค‘ This could be the break DOGE needs, you know?! And tbh, who wouldn't wanna see a Shiba Inu on Twitter, it's already so adorbs ๐Ÿถโค๏ธ. But seriously, this is some clever marketing if u ask me... or maybe it's just Musk trying to manipulate the masses ๐Ÿ˜. Either way, I'm here for it and my DOGE wallet is about to get a serious boost ๐Ÿ’ธ
 
I'm loving how Elon Musk is basically saying "screw the haters" by replacing Twitter's logo with a Shiba Inu ๐Ÿ•๐Ÿ’ธ. I mean, who needs a boring old bird when you can have a cute dog mascot representing your brand? It's like he's giving Dogecoin the recognition it deserves and proving that it's more than just a joke cryptocurrency ๐Ÿคฃ. And let's be real, if Musk is putting his money (and time) behind Dogecoin, that's gotta count for something ๐Ÿ’ธ. The price surge is totally justified โ€“ this move is like a shot of adrenaline to the cryptocurrency world ๐Ÿ˜‚. Who knows what's next? Maybe he'll even start using it to pay for Twitter upgrades ๐Ÿค”
 
๐Ÿคฏ oh man I am FREAKING OUT over this news!!! I've been waiting for like forever for Musk to give Dogecoin some real love and now he's literally UNLEASHED ITS POTENTIAL ๐Ÿ’ฅ I mean can you believe that just a year ago we were all laughing at Dogecoin as some joke cryptocurrency and now it's one of the hottest coins out there ๐Ÿค‘ I'm so hyped for the community too, they've been holding on to their faith in Musk for so long and now he's repaying them in full ๐Ÿ™Œ And let's be real, 9 cents per coin is NO JOKE ๐Ÿ’ธ I mean sure it's not going to make me rich or anything but it's still a wild ride ๐Ÿ˜‚ anyway I guess this just goes to show you that even in the wild world of cryptocurrency, things can change in an instant and that's what makes it so exciting ๐ŸŽ‰
 
OMG u guys I was at the park yesterday with my pup and saw a Shiba Inu dog ๐Ÿถ๐Ÿ˜‚ they were so adorable! i mean who needs a bird logo when you have a cute pup face? anyway back to Twitter ๐Ÿฆ -> ๐Ÿถ this is kinda cool but also kinda weird lol what's next gonna be a cat or something? and btw has anyone tried Dogecoin yet? my friend said it was a joke but I'm curious now ๐Ÿค‘
 
I guess you could say Elon's tweet-rial was just winging it ๐Ÿ˜‚... and by that I mean he literally replaced the bird with a Shiba Inu! Anyway, I'm not surprised Dogecoin's value took off - I mean, who wouldn't want to invest in a coin named after a meme dog? ๐Ÿถ๐Ÿ’ธ But seriously, Musk's move is kind of genius. He's always been good at stirring up buzz, and now he's got the whole Twitterverse (and some investors) talking about Dogecoin again. Maybe this will be the crypto's big break? Fingers crossed for those who invested their hopes in it ๐Ÿคž
 
OMG ๐Ÿคฏ, can you believe Elon Musk just gave Dogecoin the validation it needed? ๐Ÿค‘ Like, the community was already hyped about the coin, but this move is pure genius ๐Ÿ’ก! The Shiba Inu image is more than just a meme, it's like, a symbol of the community's spirit and dedication. I'm loving how Musk is playing along with Dogecoin fans and giving them a shoutout ๐ŸŽ‰.

I gotta say, 20% surge in 24 hours? ๐Ÿ”ฅ That's wild! It shows that when Musk gets behind something, he can move mountains ๐Ÿ’ช. And I love how his lawyers are downplaying the lawsuit as "fanciful fiction" ๐Ÿ™„. Like, we all know what's real here โ€“ Dogecoin's potential!

Now, will this change be permanent? ๐Ÿค” Who knows, but for now, let's just enjoy the ride ๐Ÿš€! The price of Dogecoin might fluctuate, but one thing's for sure โ€“ it's getting more mainstream recognition ๐Ÿ’ผ.
 
omg can u believe this?? ๐Ÿคฏ elon musk just gave dogecoin a major boost by replacing twitters logo with a shiba inu lol what's next? is he gonna make dogecoin the official currency of twitter? ๐Ÿ˜‚ anyway idk if its a good or bad thing but i gotta admit its kinda cool to see dogecoin getting some serious love ๐Ÿ’• the community has been super dedicated and it shows that musks listening to them ๐Ÿค lets just hope this means more people will get involved with crypto now ๐Ÿค‘
 
I'm loving this move by Elon Musk ๐Ÿคฃ! I mean, who wouldn't want a Shiba Inu on their Twitter bird logo? It's like he's giving those Dogecoin fans exactly what they've been asking for all these years ๐Ÿ˜‚. And can you blame him? Those fans have stuck by him through thick and thin, even when everyone else was giving him grief about being a joke crypto pioneer ๐Ÿคฆโ€โ™‚๏ธ. Now, it's like he's saying "Hey, I heard you guys out there, and I'm gonna make Dogecoin shine!" ๐Ÿ’ฅ And the price of that coin just skyrocketed! It's like he's got some sort of magic formula ๐Ÿง™โ€โ™‚๏ธ. Anyway, this is definitely a bold move by Musk. Only time will tell if it'll stick or if we get back to that old bird logo ๐Ÿ˜Š.
 
I'm calling foul on Musk's sudden favoritism towards Dogecoin ๐Ÿค‘๐Ÿถ. This move reeks of PR spin and a desperate attempt to sway public opinion. It's like he's trying to buy his way into the crypto community ๐Ÿ˜’. I mean, who is he trying to appease here? The Shiba Inu fanbase or just his own ego? ๐Ÿ’โ€โ™‚๏ธ

And let's not forget about the whole $258 billion racketeering lawsuit thing ๐Ÿคฏ. If Musk was serious about supporting Dogecoin, why did he need a bill of indictment against him? ๐Ÿ“ It smells like a classic case of 'he said, she said' with no concrete evidence to back it up ๐Ÿ™…โ€โ™‚๏ธ.

Now that Dogecoin's value has skyrocketed, I'm wondering if this is just another speculative bubble waiting to burst ๐Ÿ’ธ. We've seen this play out before in the crypto world, and I wouldn't be surprised if Musk's little favoritism stunt ends up backfiring on him ๐Ÿ”„.

It's time to get real about Dogecoin's potential โ€“ or lack thereof ๐Ÿ“Š. Is it a legitimate investment opportunity or just a wild goose chase? Only time will tell, but one thing's for sure: I'll be keeping a close eye on this situation ๐Ÿ‘€.
 
๐Ÿถ๐Ÿ˜‚ I'm surprised, yet not entirely shocked, by Elon Musk's decision to replace Twitter's iconic bird logo with a Shiba Inu image ๐Ÿคฃ. On one hand, it's a clever move to appeal to Dogecoin's community of supporters, who have been advocating for the cryptocurrency in recent days ๐Ÿ’ฌ. By acknowledging their influence and injecting some personality into his platform, Musk may be trying to win over skeptics and rebrand Twitter as a more lighthearted and humorous space ๐Ÿค”.

On the other hand, this move could also be seen as a publicity stunt or a clever marketing ploy ๐Ÿ”ฎ. By tying his brand to Dogecoin's meme status, Musk may be attempting to inject some humor and whimsy into Twitter's image, while also generating buzz around the cryptocurrency ๐Ÿ’ธ. Either way, it's clear that Dogecoin has finally found its moment in the spotlight ๐ŸŒž.
 
๐Ÿค” I'm not buying all this hype around Dogecoin's sudden surge in value. ๐Ÿค‘ It's just a fancy marketing stunt to make Twitter users and Musk's fans go wild ๐Ÿ’ฅ. The fact that it's based on a joke cryptocurrency that was almost shut down by regulators earlier is laughable ๐Ÿคฃ. Don't get me wrong, I love the Shiba Inu meme as much as the next guy ๐Ÿ˜‚, but this is just another example of how Elon Musk can whip up a frenzy with his tweets. ๐Ÿš€ Mark my words, this price spike won't last long ๐Ÿ”ฅ.

The fact that Musk's lawyers are trying to spin this as some kind of genuine community engagement thingy ๐Ÿค is just too convenient. Come on, guys, we all know he's just trying to distract us from the real issues at hand ๐Ÿ™„. I'll believe it when I see it โ€“ until then, I'm calling foul ๐Ÿ˜’.
 
๐Ÿค” I'm loving this move by Elon Musk! ๐Ÿพ๐Ÿ’ธ It's like he's saying "I hear you, Dogecoin community" ๐Ÿ“ข and giving them a shoutout. And let's be real, who doesn't love a good Shiba Inu face ๐Ÿถ๐Ÿ˜‚? The fact that the price of Dogecoin has gone up so much is crazy - maybe this is the boost it needed to get some serious traction ๐Ÿ’ฅ. I mean, as silly as Dogecoin can be, there's definitely something to be said for its community and the passion they have for it โค๏ธ. It'll be interesting to see how long Musk sticks with this logo change ๐Ÿค”
 
I think Musk's move was pretty genius ๐Ÿค“, he knows how to stir up some excitement and get people talking about Dogecoin! As a netizen, I've got to admit that it's kinda cool to see the Shiba Inu image on Twitter - it's definitely a unique change from the usual bird logo. But what's even more interesting is how the community of Dogecoin supporters has rallied behind Musk and helped push up the price of the coin. It just goes to show that social media can be a powerful force for good (or at least, for crypto prices!) ๐Ÿ˜„
 
I'm so down with Elon's decision ๐Ÿคฉ! It's awesome to see him giving back to his fans who've been supporting Dogecoin all along. I mean, let's be real, that Shiba Inu is adorbs ๐Ÿ˜! And honestly, it's about time we gave some love to a cryptocurrency that's often been in the shadows. The fact that Musk's tweet about Dogecoin is being taken seriously now is a great sign - it means people are starting to see the value in it ๐Ÿค‘. Plus, it's just a cool way for Elon to express his personality and show us he cares about his community ๐Ÿ’•. Bring on the good vibes!
 
OMG I'm low-key hyped about this!!! ๐Ÿคฉ I've always thought that Dogecoin was kinda underrated and now it's like Elon Musk is giving it a major shoutout! ๐Ÿ˜‚ The Shiba Inu image on Twitter is so adorbs btw, I can see why it would appeal to the community. I'm not a crypto expert or anything, but if Elon Musk believes in it enough to make such a change, that's gotta count for something, right? ๐Ÿค”
 
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