Twitter's iconic bird logo has been replaced with an image of a Shiba Inu, sparking speculation about its connection to the cryptocurrency Dogecoin. The change, which appeared on the site two days after Elon Musk asked a judge to dismiss a $258 billion racketeering lawsuit against him over the cryptocurrency, was seemingly a nod to dogecoin, which has seen a significant surge in value.
Musk addressed the change in a tweet, claiming that he had "promised" to make the change as part of an earlier conversation with another user. The move is seen by many as a publicity stunt, given Musk's history of using Twitter to troll his fans and critics.
Despite the unclear intentions behind the logo change, Dogecoin has seen a significant price increase in recent days, rising over 20% in value over the past 24 hours to around 9 cents. The cryptocurrency was created just over a decade ago as a joke by two software engineers, with its name and mascot paying homage to internet memes.
The lawsuit against Musk accuses him of running a pyramid scheme to support Dogecoin, but lawyers for Musk and Tesla have dismissed it as "a fanciful work of fiction." It remains to be seen whether the logo change will stick or is just another example of Musk's Twitter antics.
Musk addressed the change in a tweet, claiming that he had "promised" to make the change as part of an earlier conversation with another user. The move is seen by many as a publicity stunt, given Musk's history of using Twitter to troll his fans and critics.
Despite the unclear intentions behind the logo change, Dogecoin has seen a significant price increase in recent days, rising over 20% in value over the past 24 hours to around 9 cents. The cryptocurrency was created just over a decade ago as a joke by two software engineers, with its name and mascot paying homage to internet memes.
The lawsuit against Musk accuses him of running a pyramid scheme to support Dogecoin, but lawyers for Musk and Tesla have dismissed it as "a fanciful work of fiction." It remains to be seen whether the logo change will stick or is just another example of Musk's Twitter antics.
shiba inu all over twitter already and its like 20% increase in dogecoin value since elon asked that lawsuit to b dismissed 
i dont think its a coincidence tbh he said he was gonna do it 2 some random guy on twit but now its happening 
can u imagine if he actually put his money where his mouth is lol 
, but I'm also a bit suspicious, you know? Like, why would he promise someone that and then go back on it after like 2 days? Sounds like some marketing magic to me 
. But honestly tho, Dogecoin's value increase is crazy! 
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. on one hand, it's cool to see Twitter try something new and fun, but on the other hand, don't we trust Elon Musk with our online presence anymore? 
. and honestly, 9 cents is still pretty cheap, if you ask me 
, but at the same time, dogecoin has seen a crazy surge in value lately 
if he's gonna put up this new logo, might as well be all in on dogecoin 
, musk's always been a bit of a wild card 
I'm not surprised about the logo change, tbh. Elon Musk has a history of doing weird stuff on Twitter and it usually gets a lot of attention. But seriously, who knows what he's thinking behind this one? 
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The logo change is either gonna be super cool or a total fail, I'm not sure which way it'll go yet. One thing's for sure though - Musk is definitely good at creating drama and getting people talking 
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i mean, 20% in one day is nuts! 
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I mean what even is a Shiba Inu doing on Twitter tho? I've been following Dogecoin for ages and it's crazy to see how its value can jump up like that overnight 
. Either way, can't wait to see how this whole thing plays out 