Elon Musk’s Shiba Inu Replaces Twitter Bird, Prompting Surge in Dogecoin Price
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In recent news, Twitter decided to kick its traditional bird icon to the curb and replace it with an image of a Shiba Inu. Interestingly, this change seems to be a nod to dogecoin, the joke cryptocurrency that CEO Elon Musk is currently being sued over. This move by Twitter caught the attention of many, including Musk himself.
Musk took to Twitter to address the change, sharing an image of a conversation from a year ago. In this conversation, another user suggested that Musk should “just buy Twitter” and “change the bird logo to a doge.” Musk’s tweet simply stated, “as promised.”
This logo change occurred just two days after Musk urged a judge to dismiss a $258 billion racketeering lawsuit filed against him. The lawsuit accuses him of running a pyramid scheme to support dogecoin. Lawyers representing Musk and Tesla dismissed the lawsuit as a “fanciful work of fiction” in response to Musk’s innocent and lighthearted tweets.
It remains unclear whether the logo change on Twitter is permanent, as Musk is known for using the platform to troll both his supporters and critics. However, this move has certainly generated buzz and attention.
Meanwhile, the price of dogecoin, known for its volatility, experienced a significant increase of over 20% in the past 24 hours, reaching around 9 cents. This is a notable rise from just under 8 cents on Monday morning.
It’s important to note that dogecoin, originally created as a joke on December 6, 2013, by two software engineers, has since gained traction in the world of cryptocurrency. The name “dogecoin” references the popular “doge” meme from a decade ago. Its mascot, a Shiba Inu, captures the essence of the meme with its humorous design and broken English text in Comic Sans font.
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