Elon Musk's Twitter Bird Replaced with Dogecoin-Shaped Logo in Bizarre Power Play.
In a move that has sent shockwaves through the cryptocurrency world, Twitter CEO Elon Musk has replaced the platform's traditional bird logo with an image of a Shiba Inu, a breed of dog and the mascot of the popular joke cryptocurrency Dogecoin. The move comes just two days after Musk asked a judge to dismiss a $258 billion lawsuit accusing him of running a pyramid scheme to support Dogecoin.
Musk took to Twitter on Monday afternoon to tease the change, tweeting "as promised" in response to a 2022 conversation where another user suggested that Musk "just buy Twitter" and "change the bird logo to a doge". The move appears to be a nod to Dogecoin, with which Musk has been involved in a heated dispute over the past few weeks.
Lawyers for Musk and Tesla have dismissed the lawsuit as a "fanciful work of fiction", but it's unclear whether the new logo is permanent. Given Musk's history of using Twitter to troll both fans and critics, it's possible that this move may be part of a larger game.
The change has had a significant impact on Dogecoin prices, with the cryptocurrency seeing a surge of over 20% in value in the past 24 hours. As one of the most volatile cryptocurrencies out there, Dogecoin's price often reacts to sentiment and speculation - and it appears that Musk's latest move has sent investors into a frenzy.
Created just six years ago as a joke by two software engineers, Dogecoin has gained a significant following over the past year due in part to its connection to Elon Musk. The Shiba Inu mascot is recognizable from its appearance in popular memes and online culture - and it's clear that Musk is willing to take risks to promote his cryptocurrency.
In a move that has sent shockwaves through the cryptocurrency world, Twitter CEO Elon Musk has replaced the platform's traditional bird logo with an image of a Shiba Inu, a breed of dog and the mascot of the popular joke cryptocurrency Dogecoin. The move comes just two days after Musk asked a judge to dismiss a $258 billion lawsuit accusing him of running a pyramid scheme to support Dogecoin.
Musk took to Twitter on Monday afternoon to tease the change, tweeting "as promised" in response to a 2022 conversation where another user suggested that Musk "just buy Twitter" and "change the bird logo to a doge". The move appears to be a nod to Dogecoin, with which Musk has been involved in a heated dispute over the past few weeks.
Lawyers for Musk and Tesla have dismissed the lawsuit as a "fanciful work of fiction", but it's unclear whether the new logo is permanent. Given Musk's history of using Twitter to troll both fans and critics, it's possible that this move may be part of a larger game.
The change has had a significant impact on Dogecoin prices, with the cryptocurrency seeing a surge of over 20% in value in the past 24 hours. As one of the most volatile cryptocurrencies out there, Dogecoin's price often reacts to sentiment and speculation - and it appears that Musk's latest move has sent investors into a frenzy.
Created just six years ago as a joke by two software engineers, Dogecoin has gained a significant following over the past year due in part to its connection to Elon Musk. The Shiba Inu mascot is recognizable from its appearance in popular memes and online culture - and it's clear that Musk is willing to take risks to promote his cryptocurrency.