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Recently, Twitter made a bold move by replacing its traditional bird icon with an image of a Shiba Inu. This change was seen as a nod to dogecoin, the joke cryptocurrency associated with CEO Elon Musk. Musk addressed the switch on Twitter, fulfilling a suggestion made by a user to change the bird logo to a doge.
This update came just days after Musk filed a motion to dismiss a $258 billion racketeering lawsuit related to his involvement with dogecoin. Despite the legal challenges, Musk’s lawyers have dismissed the lawsuit by dogecoin investors as a “fanciful work of fiction.”
The price of dogecoin saw a significant increase following the logo change, reaching about 9 cents after a more than 20% surge in just 24 hours. Created as a joke by two software engineers in 2013, dogecoin’s popularity stems from its association with the “doge” meme. The Shiba Inu mascot adds to its quirky charm, mirroring the meme’s humorous style.
It remains to be seen whether Twitter’s logo switch is permanent, as Musk is known for his playful and unpredictable behavior on social media. Nevertheless, the move has certainly caught the attention of both fans and critics alike.