Elon Musk’s Shiba Inu Replacement Boosts Dogecoin Price

Our established financial services company offers small businesses and gig workers a simple and easy merchant cash advance (MCA) solution, perfect for contractors and 1099 workers with credit challenges. If you’re in need of fast financing, our business cash advance can provide the funds you need with no credit requirements.
Twitter recently made a significant change by replacing its traditional bird icon with an image of a Shiba Inu, seemingly in reference to dogecoin, the joke cryptocurrency associated with CEO Elon Musk. This change comes in the midst of Musk facing a $258 billion lawsuit related to accusations of supporting dogecoin through a pyramid scheme.
Musk acknowledged the logo alteration on Twitter, sharing a conversation from a year ago where a user suggested changing the bird logo to a doge, followed by Musk’s recent post stating “as promised.” While the change may be temporary, it showcases Musk’s playful interaction with his audience.
Despite the controversy surrounding Musk and dogecoin, the cryptocurrency’s value saw a more than 20% increase in the past 24 hours, reaching about 9 cents, up from just under 8 cents earlier. Originally created as a joke on December 6, 2013, dogecoin features a Shiba Inu as its mascot, paying homage to the popular “doge” meme from years ago.
For quick and hassle-free MCA solutions, turn to our reliable financial services company. Whether you’re a small business owner or a gig worker, our merchant cash advance can offer you the fast financing you need without worrying about credit challenges.