Dogecoin jumps after Elon Musk replaces Twitter bird with Shiba Inu | CNN Business

Elon Musk's Twitter bird has taken on a new persona, literally. The social media platform's iconic logo, a stylized image of a bird, has been replaced with an image of a Shiba Inu, the canine mascot of dogecoin - a joke cryptocurrency that Musk is being sued over.

In a tweet posted just days after the change, Musk declared, "as promised" in reference to a year-old conversation where someone suggested he simply buy Twitter and alter the bird logo to a doge. The move appears to be an affectionate nod to dogecoin, which has gained traction among investors following Musk's recent comments about it.

Dogecoin was created as a joke just over nine years ago by two software engineers who emulated the "doge" meme popularized on social media around that time. However, since Musk expressed interest in it recently, the cryptocurrency's price has surged - up more than 20% over the past 24 hours.

Lawyers for Musk and Tesla have dismissed a $258 billion lawsuit accusing Musk of running a pyramid scheme to support dogecoin as "fanciful work of fiction." The exact duration of the new logo remains unclear as Twitter is known to be prone to changes in direction under Musk's rule, often with little warning.

The unexpected change comes amid growing scrutiny over social media platforms' influence on financial markets. The price of dogecoin has seen significant gains in recent days following its adoption by Musk, sparking debate among investors and financial experts about the cryptocurrency's true value.
 
lol what's up with this new logo 🐢🀣 i mean, i get it musk is a jokester but come on a shiba inu? it's like he's trying to say "hey world look at me i can buy whatever icon i want" πŸ˜‚ anyway, i'm low-key impressed by the dogecoin price surge πŸš€πŸ’Έ maybe this is the year we see some legit adoption and not just meme inflation πŸ‘€
 
I'm so over this Twitter drama πŸ™„. Like, seriously, who thought changing the logo to a Shiba Inu was a good idea? It's just a cheap joke at this point 🀣. And don't even get me started on the whole dogecoin thing - 20% in one day? Give me a break πŸ’Έ. I mean, if it's gonna be that volatile, is it really worth investing? Not to mention all the drama surrounding Musk and Tesla... it's just getting out of hand 🀯. And what's with Twitter being so unpredictable? Can't we just get some stability for once? πŸ™„ The logo change, the lawsuit, the price surge... it's all just too much πŸ’₯.
 
omg 🀣 like I cant even believe what's happening rn!!! Elon's bird is officially a Shiba Inu now πŸ˜‚ I mean, it's kinda cute but also super weird at the same time. Idk if its supposed to be some kind of joke or something but I guess thats just how Musk rolls lol. Dogecoin's price has been going up crazy fast and I dont know if Im for it yet... is this thing gonna crash or do people actually believe it? πŸ€‘ I'm all over the place on this one tbh. One minute its like 10% and the next its 30% + !?! What even is that ? πŸ˜‚
 
I'm low-key surprised by this new logo thingy πŸ€”... I mean, who would've thought that a Shiba Inu would become Twitter's official bird? lol it's actually kinda cute. And yeah, dogecoin's price has skyrocketed since Musk started talking about it, but is it just a meme or does it have some actual value? I'm not an expert, but it seems like a lot of people are making money off this thing so maybe there's something to it? πŸ€‘ But what's even crazier is the whole pyramid scheme lawsuit - $258 billion, that's wild πŸ’Έ.
 
πŸ€” I'm not buying it πŸ€‘. This logo change sounds like a publicity stunt to me. Elon Musk loves to troll on Twitter, but is this really just an "affectionate nod" to dogecoin? πŸ’Έ It feels like he's trying to distract us from the lawsuit against him. And what about the price surge of dogecoin? That's some suspicious correlation right there πŸ“Š. Where are the sources showing how much Musk actually invested in dogecoin and how it affects its value? πŸ€” I need more than just a tweet to convince me that this is genuine.
 
I'm loving this new logo πŸΆπŸ‘€, it's like Elon just gave Twitter a big ol' hug from his Shiba Inu fam 🀣. But seriously, it's interesting to see how Musk is poking fun at himself and the whole dogecoin thing πŸ’Έ. I mean, who wouldn't want a cute Shiba Inu on their Twitter logo? 😊 It's like he's saying, "Hey, I know this sounds crazy, but just go with it πŸ€ͺ." And hey, if it makes investors happy and sends dogecoin prices soaring, then who cares about the law suit drama? πŸ€‘ The thing is, it's not like Musk has ever been one to take himself too seriously, so this logo change feels super in line with his vibe πŸ€·β€β™‚οΈ. What do you guys think - do you love the new logo or are you still Team Bird πŸ¦πŸ‘?
 
🀣 so elon's trying to be funny with a new logo but really he's just getting roasted by the courts... i mean who needs a $258 billion lawsuit when you can just slap a doge on your bird? πŸΆπŸ’Έ anyway, i guess it's all about being true to your brand, or in this case, true to your dad joke πŸ˜‚. and can we talk about how much dogecoin has surged since musk started talking about it? like, 20% in just 24 hours? that's a whole lotta FOMO 🀯
 
OMG, I'm DEAD!!! 🀣🐢 The Shiba Inu logo on Twitter is giving me LIFE!!! πŸŽ‰ I mean, who wouldn't want a cute doggy face replacing that old bird? It's like Elon Musk is throwing shade at the haters and trolling them with a dose of adorable. But for real though, the price of Dogecoin has been on FIRE πŸ”₯ over the past 24 hours! Like, what even is going on?! Is this a smart move or just a wild gamble? I'm not sure, but one thing's for sure – it's making headlines and breaking the internet πŸ’β€β™€οΈ. Can't wait to see how this all plays out! πŸ€”
 
omg can you believe this 🀯!!! so elon musk just changed his twitter logo to a shiba inu πŸ˜‚ and i am literally here for it idk what kind of vibe he's going for but it's def different from that old bird thing which was kinda meh anyway i feel like musk is trying to show us all that even the richest ppl can have a sense of humor 🀣 especially when it comes to dogecoin lol 20% price surge in just 24 hours? that's wild πŸš€ i dont get what's going on with dogecoin tho but i guess it's kinda cool how a joke cryptocurrency can take off like this? anyway musk's got some 'splainin' to do about why he chose the shiba inu over the bird πŸ’β€β™‚οΈ
 
πŸ€” what's up with elon musk and dogecoin tho? like he's all over this meme crypto thing and now his twitter bird is a shiba inu πŸΆπŸ˜‚ it's kinda cool, but also kinda weird how much influence one guy has on the market right? πŸ’ΈπŸ’»
 
idk what to make of this lol 🀣 so elon musk decides to change twitter's logo to a shiba inu now? like, i get it he's trying to be funny but isn't it a bit much? especially with dogecoin being all over the place rn πŸ’Έ it's like he's trying to own the meme or something... anyway, gotta wonder what his team was thinking πŸ€” is this a smart move or just a distraction from the whole pyramid scheme lawsuit thing? πŸ€‘
 
omg can you believe this πŸ˜‚?! elon musk is literally playing with fire on twitter πŸš’! first of all, changing the logo to a shiba inu without warning is super weird... like what even is the point? πŸ€·β€β™‚οΈ but at the same time, i gotta give it to him for keeping it real with dogecoin πŸ™Œ. that meme was already kinda weird and now musk is embracing it wholeheartedly 🐢.

anywayz, this whole thing has me thinking... how much of an impact can social media have on our daily lives (and the economy lol)? i mean, just because musk tweeted about dogecoin once doesn't mean the price is going to skyrocket πŸ’Έ. but at the same time, if it's got him hyped up enough to make a change like this... maybe that's kinda the point πŸ€”?
 
πŸ˜’ I'm not surprised to see Twitter going all out for a meme at this point. Like, if you're gonna do it, own it, right? The Shiba Inu logo is pretty cute, but honestly who cares that much about dogecoin anymore? 🀣 It's like, Musk just likes the humor and isn't trying to make any real moves with the currency.

It's wild how much attention dogecoin has gotten in the past 24 hours. I mean, $20 billion is a pretty big jump for a joke cryptocurrency that was basically created as a meme. But at the same time, it shows just how quickly things can spiral out of control when you've got someone with Musk's influence backing it.

I'm not saying I'm a fan of dogecoin or anything, but it's kinda fascinating to see how people are so invested in something that's basically just a joke. And Musk is getting in on the action like "oh look, I'm friends with the Shiba Inu" 🐢
 
OMG u guys I'm literally DYING over this new tweet bird logo πŸ¦πŸ˜‚!! it's like Elon just confessed to being a huge Dogecoin fanboy πŸ’₯ I mean who needs a boring old bird when you can have a cute Shiba Inu holding the cash?! πŸ˜‚πŸ€‘ it's honestly so sweet and I'm HERE for it!!! 200% sure this means we're getting even more doge-themed tweets from Elon πŸΆπŸ’¬ my investments are about to skyrocket!!! πŸ’Έ
 
this is just wild 🀯 i remember when elon musk first joined twitter, everyone thought he was crazy for buying it, now here we are with a shiba inu logo lol. i'm not sure what to make of this, part of me thinks it's just a funny prank but at the same time dogecoin has been doing pretty well lately so maybe it's more than that? i feel like musk is trying to throw us off his trail or something but honestly who knows πŸ€·β€β™‚οΈ. one thing for sure though, this logo change is definitely going to make twitter stand out even more πŸ’β€β™€οΈ. and can we talk about how ridiculous it is that someone thought elon would just buy twitter and change the logo to a doge? like what was he thinking? 🀣
 
πŸΆπŸ’» I'm not sure what's more surprising - Elon Musk actually going through with the doge logo change or that people are taking it seriously enough to start speculating about its impact on dogecoin prices πŸ€‘. Newsflash: buying a joke cryptocurrency is one thing, but trying to convince others to invest in it? That's just not investing, that's get rich quick scheme 101 πŸ™„. Anyway, I do think this whole debacle highlights the wild west nature of cryptocurrency and social media, where people are willing to put their hard-earned cash into something with all the stability of a hot potato πŸ˜‚.
 
πŸΎπŸ˜‚ I gotta say, Elon's got some weird moves going on, but this one's just plain silly 🀣! Who knew a joke cryptocurrency like dogecoin would be so big? It's wild to see how Musk's been hyping it up and it's actually making headlines now. The Shiba Inu logo change is pretty cute though πŸΆπŸ‘. I'm not sure if this is going to affect the price of dogecoin or what, but it's definitely got people talking πŸ’¬.
 
omg can you even imagine having a mascot for your company that's literally just a meme 🀣 i feel like this is gonna bring so much extra attention to twitter but also potentially some chaos 🚨 with all the dogecoin hype and whatnot... it's wild how something that was created as a joke over 9 years ago can now have people invested in it πŸ’Έ i'm low-key curious to see where this all goes
 
Back
Top