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Recently, Twitter made a bold move by replacing its iconic bird logo with an image of a Shiba Inu, seemingly in recognition of dogecoin, the playful cryptocurrency embroiled in a lawsuit involving CEO Elon Musk. Musk, no stranger to controversy, acknowledged the change on Twitter, fulfilling a suggestion made by a user in a year-old conversation.
The doge logo switch coincided with Musk’s legal battle to dismiss a $258 billion racketeering lawsuit linking him to alleged dogecoin manipulation. Musk’s legal team dismissed the case as a fanciful fabrication based on his harmless tweets, labeling it as fiction.
As dogecoin’s value soared by more than 20% in the last 24 hours, hovering around 9 cents, the temporary logo change stirred speculation among users. Known for his quirky online presence, Musk often uses Twitter to engage with his audience and critics alike.
Created as a joke in 2013 by two software engineers, dogecoin pays homage to the popular “doge” meme from years past. Featuring a Shiba Inu dog surrounded by quirky Comic Sans text, the cryptocurrency has garnered a loyal following over the years.
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