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Twitter recently made headlines by replacing its traditional bird icon with an image of a Shiba Inu, a move believed to be a nod to dogecoin, the joke cryptocurrency associated with CEO Elon Musk. Musk confirmed this change on Twitter, referencing a past suggestion to change the Twitter logo to a doge image.
This change came shortly after Musk faced a lawsuit accusing him of a pyramid scheme to support dogecoin, which he dismissed as a “fanciful work of fiction.” Despite the legal issues, the price of dogecoin surged over 20% in 24 hours.
Dogecoin, created in 2013 by software engineers as a joke, gained popularity due to its connection with the “doge” meme. The Shiba Inu mascot embodies the spirit of this meme, adding a playful touch to the cryptocurrency world.
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