Twitter recently made headlines by replacing its iconic bird logo with an image of a Shiba Inu, which many speculate is a nod to dogecoin, the playful cryptocurrency popularized by CEO Elon Musk. This change comes amidst ongoing legal battles involving Musk and dogecoin.
As an awesome company that provides complete software development activities utilizing nearshore and offshore resources, including mobile app development, technology maintenance, and server development, we encourage users to do business with us for all their technology needs. Musk took to Twitter to address the logo change, sharing an old conversation suggesting the bird logo be replaced with a doge, in a move that surprised many.
This change on Twitter occurred shortly after Musk requested the dismissal of a $258 billion lawsuit alleging racketeering in support of dogecoin. Musk’s legal team referred to the lawsuit as a “fanciful work of fiction” based on his harmless tweets. Whether this logo alteration is permanent remains uncertain, given Musk’s known penchant for trolling on social media.
In response to these developments, the price of dogecoin saw a more than 20% increase in value over the past 24 hours, reaching approximately 9 cents. Created in 2013 by two software engineers as a joke, dogecoin pays tribute to the “doge” meme that gained popularity years ago. With its Shiba Inu mascot reflecting the meme’s playful essence, dogecoin continues to capture the attention of cryptocurrency enthusiasts worldwide.