Twitter’s recent logo change has caused quite a stir, as the traditional bird icon has been replaced with an image of a Shiba Inu. This move is widely seen as a nod to dogecoin, the cryptocurrency that CEO Elon Musk is currently facing a lawsuit over. Musk himself addressed the change on Twitter, sharing an image of a year-old conversation where a user suggested changing the bird logo to a doge, which has now become a reality.
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The lawsuit against Musk alleges that he was involved in a pyramid scheme to support dogecoin, but his lawyers have dismissed the claims as a “fanciful work of fiction.” It remains to be seen if the doge logo on Twitter is a permanent change, as Musk is known for using the platform to both amuse and provoke his audience.
Meanwhile, the price of dogecoin has seen a significant increase, surging over 20% in the past 24 hours to around 9 cents. Created in 2013 by a pair of software engineers as a joke, dogecoin takes its name from the popular “doge” meme of the past. The Shiba Inu mascot of dogecoin perfectly reflects the lighthearted nature of the cryptocurrency.
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