Twitter recently made a surprising change, swapping out its iconic bird logo for a Shiba Inu image. This switch seems to be a playful nod to the popular joke cryptocurrency, dogecoin, that is currently at the center of a lawsuit involving CEO Elon Musk. Musk took to Twitter to acknowledge the change, sharing an old conversation suggesting the bird logo be changed to a doge, along with the caption “as promised.”
This change comes shortly after Musk sought to dismiss a $258 billion racketeering lawsuit related to his alleged involvement in propping up dogecoin. Described as a “fanciful work of fiction” by lawyers representing Musk and Tesla, the lawsuit stems from his humorous tweets about the cryptocurrency.
While the permanency of the logo change remains uncertain, Musk has a reputation for using Twitter to playfully engage with his followers and critics. As a result of these recent developments, the value of dogecoin has surged by over 20% in the past day, reaching approximately 9 cents per coin, after trading just below 8 cents earlier.
Back in 2013, dogecoin was created by a duo of software engineers as a lighthearted joke, inspired by the infamous “doge” meme of the early 2010s. The cryptocurrency’s Shiba Inu mascot pays homage to this meme, featuring a dog surrounded by Comic Sans text written in a playful, broken English style.
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