Twitter made headlines by replacing its traditional bird icon with an image of a Shiba Inu, believed to be a reference to dogecoin, the humorous cryptocurrency that Elon Musk is currently facing a lawsuit over. This change comes in light of a year-old suggestion for Musk to “just buy Twitter” and change its logo to a doge, which Musk acknowledged in a recent tweet.
This quirky switch to the doge logo on Twitter is a bold move, especially after Musk sought the dismissal of a $258 billion racketeering lawsuit related to his alleged involvement in a pyramid scheme to support dogecoin. Despite the legal challenges, Musk and Tesla’s legal team have dismissed the lawsuit as a far-fetched tale, emphasizing Musk’s light-hearted and sometimes eccentric tweets.
It remains uncertain whether this logo change is permanent, as Musk is known to playfully engage with his audience on Twitter. Meanwhile, the value of dogecoin has surged by over 20% in the past 24 hours, reaching approximately 9 cents, up from just under 8 cents on Monday morning.
Dogecoin, initially created as a joke by two software engineers on December 6, 2013, pays tribute to the “doge” meme that gained popularity years ago. Its lovable Shiba Inu mascot captures the essence of the meme, featuring a dog surrounded by playful Comic Sans text in amusing broken English.
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