Elon Musk's Twitter Bird Replaced with Dogecoin-Inspired Shiba Inu, Coin Sees Big Surge.
In a move that has been described as a nod to the popular joke cryptocurrency, Dogecoin, Twitter CEO Elon Musk replaced the platform's traditional bird logo with an image of a Shiba Inu dog. The change was made on Monday afternoon, prompting a significant increase in the value of Dogecoin.
Musk took to Twitter to address the change, tweeting that he had promised the update, which appears to be a response to a user suggestion from earlier in 2022 that Musk should "just buy Twitter" and change the bird logo to a doge. The tweet referenced a year-old conversation between Musk and another user.
The Shiba Inu logo appeared on Twitter's site just two days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support Dogecoin. Lawyers for Musk and Tesla have labeled the lawsuit as "fanciful work of fiction," with their team describing it as a baseless claim.
The replacement of the Twitter bird logo has led to a significant increase in the value of Dogecoin, which is up over 20% in the past 24 hours. The price surge may be attributed to Musk's tweet and the change to the Twitter logo.
Dogecoin was created in December 2013 as a joke by software engineers, with its name and mascot inspired by the popular "doge" meme from a decade ago.
In a move that has been described as a nod to the popular joke cryptocurrency, Dogecoin, Twitter CEO Elon Musk replaced the platform's traditional bird logo with an image of a Shiba Inu dog. The change was made on Monday afternoon, prompting a significant increase in the value of Dogecoin.
Musk took to Twitter to address the change, tweeting that he had promised the update, which appears to be a response to a user suggestion from earlier in 2022 that Musk should "just buy Twitter" and change the bird logo to a doge. The tweet referenced a year-old conversation between Musk and another user.
The Shiba Inu logo appeared on Twitter's site just two days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support Dogecoin. Lawyers for Musk and Tesla have labeled the lawsuit as "fanciful work of fiction," with their team describing it as a baseless claim.
The replacement of the Twitter bird logo has led to a significant increase in the value of Dogecoin, which is up over 20% in the past 24 hours. The price surge may be attributed to Musk's tweet and the change to the Twitter logo.
Dogecoin was created in December 2013 as a joke by software engineers, with its name and mascot inspired by the popular "doge" meme from a decade ago.
!! this is like the best thing ever! shiba inus are literally the cutest things since sliced bread, and now they're on twitter?! 
i mean, who needs a boring old bird logo when you can have a cute little doggy face? i was getting so frustrated with elon's tweets being so serious all the time, this is like the perfect distraction! 
and omg did you see the price of dogecoin go up?! i'm low-key thinking of investing my entire paycheck into it... 
anyone else buying in on this shiba inu hype? 
I've got a friend who invests in cryptocurrency and they were freaking out when they saw the value of Dogecoin go up like that. Guess it's good for him or something. 
. My kid loves playing with my old laptop and now they're using it to check their social media and dogecoin news... it's just so confusing 
. I'm glad Elon Musk did something different, but maybe next time he can explain why 
and omg the memes are already flooding twitter 
anyway, at least it's entertaining to watch this all go down 
, can't believe we're still stuck on this ancient platform 
. I mean, who thought it was a good idea to use Twitter as an investment tracker? 
20% increase in 24 hours is wild!