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Twitter’s traditional bird icon has been replaced with an image of a Shiba Inu, possibly a nod to dogecoin, the joke cryptocurrency that CEO Elon Musk is currently facing a lawsuit over. Musk acknowledged the change by tweeting, “as promised” along with an image of a conversation from a year ago suggesting the logo change to a doge. The logo switch came just two days after Musk sought dismissal of a $258 billion racketeering lawsuit related to dogecoin support.
Musk and Tesla’s legal team dismissed the lawsuit as a “fanciful work of fiction” linked to Musk’s harmless tweets. While it remains uncertain if the logo change is permanent, Musk is known for teasing his audience through Twitter.
Despite its volatility, the price of dogecoin surged over 20% in the past 24 hours, reaching about 9 cents, up from just under 8 cents on Monday morning. Dogecoin, created in 2013 as a joke by two software engineers, pays homage to the “doge” meme of the past decade. Its Shiba Inu mascot reflects the meme with a dog amidst Comic Sans text in broken English.