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In a recent move, Twitter replaced its traditional bird icon with an image of a Shiba Inu, which many believe is a nod to dogecoin, the joke cryptocurrency that Elon Musk is currently embroiled in a lawsuit over. Musk himself acknowledged the change on Twitter, fulfilling a user’s year-old suggestion to switch the bird logo to a doge.
This change came shortly after Musk requested the dismissal of a $258 billion racketeering lawsuit alleging his involvement in supporting dogecoin through a pyramid scheme. Musk’s legal team has dismissed the lawsuit as a work of fiction based on his harmless and often whimsical tweets.
It remains uncertain whether the new logo on Twitter is permanent, as Musk has a history of using the platform to both engage with his fans and taunt his critics. Meanwhile, the price of dogecoin, known for its volatility, has surged by over 20% in the past 24 hours, reaching around 9 cents from just under 8 cents on Monday morning.
Dogecoin, created in 2013 as a joke by two software engineers, takes its name from the popular “doge” meme of the early 2010s. The Shiba Inu dog featured in its logo reflects this meme, portraying the dog alongside comical text in broken English.