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Recently, Twitter made a surprising change when they replaced their traditional bird icon with an image of a Shiba Inu, which many interpreted as a nod to dogecoin, the joke cryptocurrency associated with CEO Elon Musk. Musk himself acknowledged the change by sharing an old conversation suggesting the swap from a bird to a doge logo.
This move came following a lawsuit against Musk accusing him of being involved in a pyramid scheme to support dogecoin. Musk’s legal team dismissed the claims as unfounded, emphasizing that his tweets are often meant to be lighthearted and not serious business strategies.
While it remains uncertain if the logo change on Twitter is permanent, the price of dogecoin has been on the rise, experiencing over a 20% increase in the past 24 hours. Originally created as a joke by software engineers in 2013, dogecoin pays homage to the “doge” meme from years ago, with its Shiba Inu mascot embodying the playful spirit of the cryptocurrency.
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