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Twitter recently made a significant change by replacing its iconic bird logo with an image of a Shiba Inu, a move believed to be inspired by dogecoin, a popular joke cryptocurrency. This change came shortly after CEO Elon Musk faced a $258 billion lawsuit over accusations of supporting dogecoin through a pyramid scheme. Musk responded to the alteration by sharing a conversation from a year ago in which a user suggested changing the bird logo to a doge.
While Musk and Tesla’s lawyers dismissed the lawsuit as baseless, the doge logo on Twitter continues to fuel speculation. Musk, known for his playful antics on the platform, has a history of surprising his followers and critics alike.
As the dogecoin price surged more than 20% in the past 24 hours, reaching around 9 cents, the future of this volatile cryptocurrency remains uncertain. Initially created as a joke in 2013 by two software engineers, dogecoin adopted its name from the popular “doge” meme that gained traction ten years ago. The Shiba Inu mascot further embraces this meme, featuring a dog amidst Comic Sans text in a playful nod to its origins.
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