Twitter recently made a surprising change, replacing its iconic bird logo with an image of a Shiba Inu, seemingly in reference to dogecoin, the cryptocurrency currently at the center of a lawsuit against CEO Elon Musk. This move by Twitter has generated a lot of buzz online. Musk himself confirmed the change on Monday, sharing a screenshot of a year-old conversation where a user suggested changing Twitter’s logo to a doge.
This change comes shortly after Musk requested the dismissal of a $258 billion racketeering lawsuit linking him to dogecoin. The legal team representing Musk and Tesla dismissed the lawsuit as a “fanciful work of fiction” due to Musk’s supposedly harmless and playful tweets about dogecoin on social media platforms.
It remains to be seen whether the doge logo on Twitter is a permanent alteration, as Musk is known to playfully engage with his audience by using the platform to make quirky announcements. In response to the logo change, the price of dogecoin experienced a significant increase of over 20% in the last 24 hours, reaching approximately 9 cents, after trading at just under 8 cents earlier on Monday.
Notably, dogecoin, a cryptocurrency initially created as a joke on December 6, 2013, by two software engineers, has gained popularity over the years. The coin’s name is derived from the “doge” meme that circulated a decade ago and features a Shiba Inu dog surrounded by humorous text in Comic Sans font.
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