Elon Musk's Twitter Bird Gets Replaced with a Shiba Inu, Dogecoin Sees a Surge.
In a move that has sent shockwaves through the cryptocurrency market, Elon Musk, Twitter's CEO, replaced the platform's iconic bird logo with an image of a Shiba Inu. The dog breed is also the mascot for Dogecoin, a joke cryptocurrency that has been at the center of a $258 billion racketeering lawsuit against Musk.
Musk tweeted "as promised" alongside the new logo, which appears to be a nod to a year-old conversation where another user suggested replacing the bird with a Shiba Inu. The move comes just two days after Musk asked a judge to dismiss the lawsuit, which accuses him of running a pyramid scheme to support Dogecoin.
Lawyers for Musk and Tesla have described the lawsuit as "fanciful work of fiction," labeling it as an attempt to target Musk's "innocuous and often silly tweets." However, the sudden surge in Dogecoin's value suggests that some investors are taking the move seriously. The cryptocurrency's price has jumped more than 20% over the past 24 hours, trading at around 9 cents per coin.
Dogecoin was created back in December 2013 by a pair of software engineers as a joke, with its name and mascot inspired by the popular "doge" meme from a decade ago. The move has left many wondering if the logo change is permanent, given Musk's history of using Twitter to troll both fans and critics.
In a move that has sent shockwaves through the cryptocurrency market, Elon Musk, Twitter's CEO, replaced the platform's iconic bird logo with an image of a Shiba Inu. The dog breed is also the mascot for Dogecoin, a joke cryptocurrency that has been at the center of a $258 billion racketeering lawsuit against Musk.
Musk tweeted "as promised" alongside the new logo, which appears to be a nod to a year-old conversation where another user suggested replacing the bird with a Shiba Inu. The move comes just two days after Musk asked a judge to dismiss the lawsuit, which accuses him of running a pyramid scheme to support Dogecoin.
Lawyers for Musk and Tesla have described the lawsuit as "fanciful work of fiction," labeling it as an attempt to target Musk's "innocuous and often silly tweets." However, the sudden surge in Dogecoin's value suggests that some investors are taking the move seriously. The cryptocurrency's price has jumped more than 20% over the past 24 hours, trading at around 9 cents per coin.
Dogecoin was created back in December 2013 by a pair of software engineers as a joke, with its name and mascot inspired by the popular "doge" meme from a decade ago. The move has left many wondering if the logo change is permanent, given Musk's history of using Twitter to troll both fans and critics.
i mean who doesn't love a good Shiba Inu? 
it's like elon is just trolling the haters again, you know? 
and let's be real dogecoin has been getting some major hype for a while now so it's no surprise that its value went up 
. i'm not saying the lawsuit is unfounded or anything, but come on, who doesn't love a good meme? 
it's just another day in the wild world of crypto, am i right? 
. It'll be interesting to see if the value stays up or if it comes crashing back down 
i'm literally shaking my head like what is going on with Elon and Dogecoin lol the value of that coin went up by 20% in one day?! some people are definitely getting caught up in the hype 
I think this is gonna be interesting... Replacing the bird with a Shiba Inu is like, a bold move, right? 
.
Either way, this logo change is gonna be hard to ignore, and I'm curious to see what comes next! 
. Musk needs to calm down, all these ups and downs are making me wanna pull my hair out 
. And btw, 9 cents per coin is kinda rich for Dogecoin 
.
i mean 20% increase in 24 hours? that's crazy! Musk's trying to dismiss the lawsuit but i think this is just some clever marketing strategy...or maybe he's just trying to get back at the people who hated him for being "innocent and silly" 
. 20% surge? yeah, maybe it's just a market manipulation 
. only time will tell if this logo change is more than just a joke 
Either way, one thing's for sure: Twitter is never boring! 
I mean, I get it, Dogecoin is all the rage right now, but can't we just stick with the classic bird? It was iconic for a reason! 
The Dogecoin community is clearly super stoked about this, and I think that's awesome! It's all about vibes, you know? 
As for me, I'm good with whatever logo they choose – as long as it's not hurting anyone. Let's just take a deep breath and roll with the punches, shall we? 
It's like he's using Twitter to stir up some FOMO (fear of missing out) vibes. But honestly, it's probably all about attention-seeking at this point...