Elon Musk has taken the wraps off a subtle yet striking change at Twitter, replacing its traditional bird logo with an image of a Shiba Inu - a nod to the joke cryptocurrency Dogecoin that Musk is currently embroiled in a lawsuit over. The move comes just two days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support Dogecoin.
In a tweet on Monday, Musk claimed "as promised" above an image of a year-old conversation where another user jokingly suggested that he should buy Twitter and change the bird logo to a doge. The sudden appearance of the Shiba Inu logo on the site appears to be a deliberate gesture from Musk, who has long used social media to troll both his fans and critics.
The Dogecoin community is abuzz with excitement as the price of the cryptocurrency soared over 20% in just 24 hours, reaching around 9 cents. The volatile nature of Dogecoin's value is no surprise, given its origins as a joke cryptocurrency created by software engineers on December 6, 2013. The name itself is a tongue-in-cheek reference to the "doge" meme that gained popularity over a decade ago.
Lawyers for Musk and Tesla have downplayed the lawsuit, calling it a "fanciful work of fiction". However, the change at Twitter has sparked renewed speculation about Musk's intentions regarding Dogecoin. Whether the Shiba Inu logo is here to stay remains unclear, as Musk has a history of using social media to keep his fans and critics guessing.
In a tweet on Monday, Musk claimed "as promised" above an image of a year-old conversation where another user jokingly suggested that he should buy Twitter and change the bird logo to a doge. The sudden appearance of the Shiba Inu logo on the site appears to be a deliberate gesture from Musk, who has long used social media to troll both his fans and critics.
The Dogecoin community is abuzz with excitement as the price of the cryptocurrency soared over 20% in just 24 hours, reaching around 9 cents. The volatile nature of Dogecoin's value is no surprise, given its origins as a joke cryptocurrency created by software engineers on December 6, 2013. The name itself is a tongue-in-cheek reference to the "doge" meme that gained popularity over a decade ago.
Lawyers for Musk and Tesla have downplayed the lawsuit, calling it a "fanciful work of fiction". However, the change at Twitter has sparked renewed speculation about Musk's intentions regarding Dogecoin. Whether the Shiba Inu logo is here to stay remains unclear, as Musk has a history of using social media to keep his fans and critics guessing.