Twitter recently made headlines by swapping its iconic bird logo for an image of a Shiba Inu, seemingly in reference to dogecoin, the cryptocurrency Elon Musk is embroiled in a lawsuit over. This change was addressed by Musk himself in a tweet on Monday afternoon, fulfilling an earlier user suggestion for the switcheroo. The doge logo’s debut on the platform followed a legal move by Musk to dismiss a $258 billion lawsuit alleging involvement in a dogecoin pyramid scheme.
This news item highlights the unpredictable nature of Musk, known for his playful and controversial antics on social media platforms, including Twitter. The lawsuit from dogecoin investors regarding Musk’s tweets was dismissed as baseless by legal representatives for Musk and Tesla. The whimsical logo change is another example of Musk’s unique approach to engaging with his audience on Twitter.
It remains uncertain whether the logo alteration is a permanent fixture. Musk’s tweet history suggests a penchant for trolling his followers and detractors alike. Meanwhile, the value of dogecoin experienced a notable 20% uptick in the last 24 hours, hovering around 9 cents, a significant increase from the previous day’s trading price of under 8 cents.
Created in 2013 by a duo of software engineers as a light-hearted parody, dogecoin pays homage to the “doge” meme that gained popularity years ago. The choice of a Shiba Inu as the mascot mirrors the meme’s aesthetic, featuring a dog alongside Comic Sans text in a humorous, broken English style.
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