Elon Musk Replaces Twitter Bird with Shiba Inu, Catapulting Dogecoin Price Surge

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In recent news, Twitter made headlines when it replaced its traditional bird icon with an image of a Shiba Inu, the mascot of the popular cryptocurrency, dogecoin. This change seems to be a nod to dogecoin and its connection to CEO Elon Musk, who is currently facing a lawsuit related to the cryptocurrency.

Musk himself addressed the logo change on Twitter, stating, “as promised,” and sharing a conversation from a year ago where a user suggested changing the Twitter logo to a doge. The timing of the logo change is interesting, as it occurred just days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of supporting dogecoin through a pyramid scheme.

Lawyers representing Musk and Tesla have referred to the lawsuit as a “fanciful work of fiction” and argue that Musk’s tweets regarding dogecoin are harmless and often silly. It remains to be seen whether the logo change on Twitter is permanent, as Musk is known for using the platform to playfully engage with his followers and critics.

In other news, the price of dogecoin has experienced a significant increase of over 20% in the past 24 hours, reaching around 9 cents. This cryptocurrency, originally created as a joke in 2013 by software engineers, has gained popularity thanks to its catchy name and the iconic “doge” meme. The Shiba Inu mascot embodies the essence of the meme, with its humorous broken English captions in Comic Sans font.

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