Elon Musk's Twitter Bird Replaced with Dogecoin Meme, Sending Crypto Prices Soaring.
In a surprise move, Elon Musk has ditched his traditional Twitter bird logo for an image of the Shiba Inu dog that is the mascot for the meme-based cryptocurrency dogecoin. The change comes just two days after Musk asked a judge to dismiss a $258 billion lawsuit accusing him of running a pyramid scheme to support the cryptocurrency.
Musk tweeted "as promised" above a screenshot of an old conversation where another user suggested replacing the bird logo with a Shiba Inu, sparking speculation that this was more than just a coincidence. Dogecoin enthusiasts have been eagerly waiting for Musk's response after he sparked outrage and confusion by tweeting about dogecoin in 2021.
The logo change is seen as a nod to the joke cryptocurrency that was created just over nine years ago by two software engineers, who intentionally designed it as a meme-based currency inspired by the popular "doge" internet phenomenon. The Shiba Inu mascot has since become synonymous with the cryptocurrency's eccentric brand identity.
Meanwhile, Musk has been accused of trying to manipulate dogecoin prices by his critics and supporters alike, but investors seem to be buying into the latest move, with dogecoin experiencing a price surge of over 20% in the past 24 hours.
In a surprise move, Elon Musk has ditched his traditional Twitter bird logo for an image of the Shiba Inu dog that is the mascot for the meme-based cryptocurrency dogecoin. The change comes just two days after Musk asked a judge to dismiss a $258 billion lawsuit accusing him of running a pyramid scheme to support the cryptocurrency.
Musk tweeted "as promised" above a screenshot of an old conversation where another user suggested replacing the bird logo with a Shiba Inu, sparking speculation that this was more than just a coincidence. Dogecoin enthusiasts have been eagerly waiting for Musk's response after he sparked outrage and confusion by tweeting about dogecoin in 2021.
The logo change is seen as a nod to the joke cryptocurrency that was created just over nine years ago by two software engineers, who intentionally designed it as a meme-based currency inspired by the popular "doge" internet phenomenon. The Shiba Inu mascot has since become synonymous with the cryptocurrency's eccentric brand identity.
Meanwhile, Musk has been accused of trying to manipulate dogecoin prices by his critics and supporters alike, but investors seem to be buying into the latest move, with dogecoin experiencing a price surge of over 20% in the past 24 hours.
, people thought it was just another scam like those other crypto coins that came and went. But here's Elon Musk going full-on meme mode on us 
! It's crazy to see how much of a difference a simple logo change can make for that little coin. I'm not surprised dogecoin is shooting up in value though, Elon's got a weird way with these things 
. Some people say he's just trolling his enemies, but honestly, who knows? All I know is that if Dogecoin keeps going like this, I'll be buying some 
... i'm not sure if it's just a clever marketing ploy or if elon really wants us to believe he's a huge dogecoin fan 
. personally, i think it's kind of cool that musk is embracing this meme culture and having a bit of fun with it 
. but at the same time, it's also kinda worrying that he might be using dogecoin as a way to influence its price... still, it's definitely an interesting move 
.
. Elon Musk's gone all-in on Dogecoin now and it's like he's trolling everyone at once 
. I guess only time will tell if this was a brilliant marketing ploy or just another example of Elon being Elon 
.
musk is a genius and we should all just trust his instincts on this one 
i personally dont invest in cryptocurrencies cuz i'm no expert but to each their own 
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, but either way, it's making headlines and making me curious about what's next from Musk 
.
. What do you guys think is going on here? 
and now prices going up 20% is crazy news 
i've been hearing people say that Musk is trying to pump up the prices, but at the same time it's kinda cool that dogecoin fans are hyped about it all over again 
. I mean, who wouldn't want the Shiba Inu pup on their timeline? 
! I'm not sure if it's a good thing for Musk's rep, though... some folks might think he's just trying to game the system again 
. What do you guys think? 
it's like he's trolling his critics while also trying to get people hyped about dogecoin