Elon Musk's Twitter Bird Replaced with Shiba Inu, Fueling Dogecoin Rally
In a surprise move, Tesla CEO Elon Musk replaced Twitter's iconic bird logo with an image of a Shiba Inu dog, a nod to the popular joke cryptocurrency dogecoin. The change comes just days after Musk was sued over his alleged involvement in a pyramid scheme to support dogecoin.
Musk tweeted "as promised" alongside the new logo, which appears to be a reference to a 2022 conversation where another user joked that Musk should replace Twitter's bird with a Shiba Inu. The move has sparked a surge in dogecoin prices, with the cryptocurrency jumping over 20% in the past 24 hours.
Dogecoin was created in 2013 by two software engineers as a joke, but its popularity has endured despite being largely unregulated and unstable. Musk's involvement with dogecoin has been contentious, with investors accusing him of running a pyramid scheme to support the cryptocurrency.
However, lawyers for Musk and Tesla have dismissed the lawsuit as "fanciful work of fiction" aimed at tarnishing their reputation. The logo change could be seen as a nod to his fans, but it's unclear whether the new design will remain permanent.
The price surge has sent dogecoin soaring, with prices currently trading just under 9 cents per coin. As one would expect from such an event, speculation and hype surrounding the cryptocurrency are running wild.
In a surprise move, Tesla CEO Elon Musk replaced Twitter's iconic bird logo with an image of a Shiba Inu dog, a nod to the popular joke cryptocurrency dogecoin. The change comes just days after Musk was sued over his alleged involvement in a pyramid scheme to support dogecoin.
Musk tweeted "as promised" alongside the new logo, which appears to be a reference to a 2022 conversation where another user joked that Musk should replace Twitter's bird with a Shiba Inu. The move has sparked a surge in dogecoin prices, with the cryptocurrency jumping over 20% in the past 24 hours.
Dogecoin was created in 2013 by two software engineers as a joke, but its popularity has endured despite being largely unregulated and unstable. Musk's involvement with dogecoin has been contentious, with investors accusing him of running a pyramid scheme to support the cryptocurrency.
However, lawyers for Musk and Tesla have dismissed the lawsuit as "fanciful work of fiction" aimed at tarnishing their reputation. The logo change could be seen as a nod to his fans, but it's unclear whether the new design will remain permanent.
The price surge has sent dogecoin soaring, with prices currently trading just under 9 cents per coin. As one would expect from such an event, speculation and hype surrounding the cryptocurrency are running wild.
so like elon musk replaced twitters bird logo with a shiba inu and now dogecoin is up 20% its crazy!! i mean i get it tho, musk's fans love him and this is just a nod to them but still... the whole pyramid scheme thing is wild. did u hear about that? 
anyway, i'm low-key rooting for dogecoin now lol. who knows right? maybe it'll be the next big thing 
That's some serious FOMO going on. But at the same time, I do feel bad for Elon Musk, he's being sued left and right about this dogecoin stuff 
. I guess we'll just have to wait and see if this new logo thing is a permanent change or just a publicity stunt 
. One thing's for sure tho, it's making Twitter way more interesting 
!
and honestly who needs stability when you can have FOMO right? 
Musk's just trying to get his Twitter followers to go wild for him like a puppy chasing its tail 
anyway, it's funny cuz now dogecoin's prices are through the roof and people r all like "woah did musk actually help make this thing legit?" 
idk about u but i think it's kinda cool how musk's supporting a meme that was originally meant to be just for fun. hehe, guess you could say musk's got his own way of spreading the dogecoin love 
.
. but at the same time, dogecoin's price can get pretty wild so maybe we should keep our expectations in check? 
elon musk is literally a genius when it comes to stirring up drama and attention 
but for real though, 20% surge in dogecoin price in one day? that's wild 
. As a neutral observer, it's intriguing to see how this move has sparked both enthusiasm and skepticism among investors 
so either way im intrigued... might have to do some more research on it 
. It was all about how internet culture can create these crazy memes that become real things. Now, with Elon Musk jumping on the bandwagon, it feels like we're back to that time when Bitcoin was just starting out and everyone thought it was going to be the next big thing 
. But hey, if Elon Musk wants to have some fun with it, that's his prerogative 
. For me, I'm still nostalgic for the good old days of Myspace and AOL – at least then we knew what we were getting ourselves into 
.
. And what about the lawsuit? Let's see how long this logo stays up before someone slaps it back down 
plus, dogecoin's been around since 2013 so who knows, maybe it's finally time for it to shine! 
and see where this wild ride takes us 
