Elon Musk's Twitter Bird Replaced with Shiba Inu Image Sends Dogecoin Price Soaring.
In a bizarre move, Elon Musk has replaced Twitter's traditional bird logo with an image of a Shiba Inu dog - the same breed that is the mascot for the joke cryptocurrency, dogecoin. The change came just two days after Musk was sued by dogecoin investors who claim he has been running a pyramid scheme to support the digital currency.
Musk addressed the logo swap in a tweet, stating "as promised," which appears to be a reference to a year-old conversation where another user suggested that Musk should replace the Twitter bird with a Shiba Inu image. The comment is seen as an innocuous and playful nod to dogecoin enthusiasts who have been rallying behind Musk.
The change was made without explanation, but it's unclear whether the new logo will be permanent. Musk has a history of using Twitter to troll both his fans and critics, so this move could just be another example of his lighthearted humor.
The sudden change in image seems to have caught investors off guard, but dogecoin's price is experiencing a significant surge as a result. Over the past 24 hours, the price has jumped by more than 20%, reaching around 9 cents per coin. The digital currency was trading just under 8 cents earlier this week.
Dogecoin itself was created in December 2013 as a joke among software engineers, and its name is a nod to the "doge" meme that became popular about a decade ago. The Shiba Inu mascot on dogecoin's image mirrors the same meme: a dog surrounded by Comic Sans text written in broken English.
Lawyers for Musk have dismissed the lawsuit as a "fanciful work of fiction," claiming that Musk's tweets about dogecoin were simply innocuous and often silly. However, the change in Twitter's logo has sparked renewed interest in the digital currency, leaving investors to wonder if this is more than just a publicity stunt.
In a bizarre move, Elon Musk has replaced Twitter's traditional bird logo with an image of a Shiba Inu dog - the same breed that is the mascot for the joke cryptocurrency, dogecoin. The change came just two days after Musk was sued by dogecoin investors who claim he has been running a pyramid scheme to support the digital currency.
Musk addressed the logo swap in a tweet, stating "as promised," which appears to be a reference to a year-old conversation where another user suggested that Musk should replace the Twitter bird with a Shiba Inu image. The comment is seen as an innocuous and playful nod to dogecoin enthusiasts who have been rallying behind Musk.
The change was made without explanation, but it's unclear whether the new logo will be permanent. Musk has a history of using Twitter to troll both his fans and critics, so this move could just be another example of his lighthearted humor.
The sudden change in image seems to have caught investors off guard, but dogecoin's price is experiencing a significant surge as a result. Over the past 24 hours, the price has jumped by more than 20%, reaching around 9 cents per coin. The digital currency was trading just under 8 cents earlier this week.
Dogecoin itself was created in December 2013 as a joke among software engineers, and its name is a nod to the "doge" meme that became popular about a decade ago. The Shiba Inu mascot on dogecoin's image mirrors the same meme: a dog surrounded by Comic Sans text written in broken English.
Lawyers for Musk have dismissed the lawsuit as a "fanciful work of fiction," claiming that Musk's tweets about dogecoin were simply innocuous and often silly. However, the change in Twitter's logo has sparked renewed interest in the digital currency, leaving investors to wonder if this is more than just a publicity stunt.
like seriously a shiba inu image as the new twitter logo? who thought that was a good idea?? 
i mean if it's not just some publicity stunt then kudos to musk for actually paying attention to his fans lol. but what about all those investors who got scammed by musk's tweets? did they just forget about the whole pyramid scheme thing? 
and also can we talk about how confusing dogecoin is lol. like what even is that meme?? 
and yeah, this logo swap is just another one of his trolling moves - he's like the king of internet shenanigans 
anyway, its clear dogecoin is getting a boost from the tweetverse 
and can u imagine what this means for dogecoin prices now? 20% increase in just one day is wild 
I mean I've seen some weird tweets from elon before but this one takes the cake. I'm not surprised tho, dude's known for being all over the place on twitter 
. But seriously, who knew a cute little shiba inu would make dogecoin investors go wild? 
I guess you could say its a win-win for musk and dogecoin fans alike 
... like, come on Elon, you're literally making dogecoin enthusiasts go wild and now they're making bank 
It's just another example of how out of touch Musk thinks he is with the general public... not exactly the most reassuring move for Twitter's credibility 
. The fact that his tweet about it was super brief just adds to the lighthearted vibe - "as promised" indeed! 
One thing's for sure though: this move has definitely gotten people talking (and maybe even made them a bit more interested in Dogecoin). It'll be interesting to see if the Shiba Inu stays or if it's just another one of Musk's silly stunts 
Elon Musk just swapped Twitter's bird logo with a Shiba Inu image and now dogecoin is FLYING 
. i'm not sure if this is gonna be permanent but it's definitely fun to see the Shiba Inu on Twitter logos now 
. Elon's always known for his sense of humor and this one's got me giggling 
and apparently dogecoin's price went up by 20% because of this 
but also kinda cute? 
it's all just too much for me right now 
and that price of dogecoin is INSANE 
. i mean, come on, a shiba inu image just because some random user suggested it years ago? please 
gotta see actual proof before i start investing my money 