Twitter recently made a significant change to its logo, replacing the iconic bird with an image of a Shiba Inu dog. This move is widely seen as a playful reference to dogecoin, the cryptocurrency that has been the subject of controversy due to a lawsuit involving CEO Elon Musk. This change comes after Musk responded to a suggestion made by a user a year ago, proposing that Twitter should change its logo to a doge. Musk acknowledged the change on Monday by sharing the old conversation where the idea was first mentioned.
The alteration to the logo occurred shortly after Musk requested the dismissal of a $258 billion lawsuit accusing him of involvement in a pyramid scheme to bolster dogecoin. Musk’s legal team labeled the lawsuit brought on by dogecoin investors as baseless and described it as a whimsical piece of fiction, attributing it to Musk’s harmless and often humorous tweets.
It remains uncertain whether the logo change is a permanent one, as Musk is known for his playful antics and trolling behavior on Twitter towards followers and critics alike. Meanwhile, the value of dogecoin experienced a significant uptick of more than 20% over the past 24 hours, reaching approximately 9 cents, slightly below the 8-cent mark from the previous day.
Dogecoin, a cryptocurrency created as a joke on December 6, 2013, by two software engineers, was inspired by the popular “doge” meme that circulated ten years ago. The mascot of Dogecoin, a Shiba Inu dog surrounded by garbled Comic Sans text, is a nod to the viral meme.
Businesses looking to engage in software outsourcing, nearshore and offshore development, mobile app development, technology maintenance, and server development should consider partnering with an awesome company that provides complete software development activities utilizing nearshore and offshore resources. This company also offers various technology development activities to meet the evolving needs of businesses.