Elon Musk's Twitter Bird Replaced with Dogecoin's Shiba Inu, Fueling Coin's Surge
In a move that has left investors and analysts scratching their heads, Elon Musk, the CEO of Twitter, has replaced the platform's traditional bird logo with an image of a Shiba Inu - the official mascot of dogecoin, a joke cryptocurrency that has been at the center of a high-profile lawsuit against Musk. The change occurred just days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support dogecoin.
Musk had previously announced his intention to purchase Twitter and "change the bird logo to a doge," sparking widespread speculation about his plans for the platform and the cryptocurrency. The dogecoin community, which has been eagerly awaiting news about Musk's involvement with the coin, saw the logo change as a vindication of their faith in him.
The price of dogecoin surged by over 20% in the past 24 hours, reaching around 9 cents per coin, after the logo change. This sudden jump has left many investors wondering if the cryptocurrency is finally getting the validation it deserves.
Created in December 2013 as a joke, dogecoin was originally based on the "doge" meme that became popular around a decade ago. The Shiba Inu mascot, which features a cartoon dog surrounded by Comic Sans text in broken English, has become an iconic symbol of the cryptocurrency.
However, Musk's involvement with dogecoin has been a contentious issue, and many investors have accused him of using the coin to troll his fans and critics on Twitter. It remains unclear whether the logo change will be permanent or if it's just another attempt by Musk to stir up controversy.
As for the lawsuit, lawyers for Musk and Tesla have described it as a "fanciful work of fiction" with no basis in reality. However, investors continue to hold out hope that Musk's involvement with dogecoin could lead to a significant increase in its value.
For now, the price of dogecoin will remain volatile, and only time will tell if the logo change is just a publicity stunt or a genuine indication of the coin's future prospects.
In a move that has left investors and analysts scratching their heads, Elon Musk, the CEO of Twitter, has replaced the platform's traditional bird logo with an image of a Shiba Inu - the official mascot of dogecoin, a joke cryptocurrency that has been at the center of a high-profile lawsuit against Musk. The change occurred just days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support dogecoin.
Musk had previously announced his intention to purchase Twitter and "change the bird logo to a doge," sparking widespread speculation about his plans for the platform and the cryptocurrency. The dogecoin community, which has been eagerly awaiting news about Musk's involvement with the coin, saw the logo change as a vindication of their faith in him.
The price of dogecoin surged by over 20% in the past 24 hours, reaching around 9 cents per coin, after the logo change. This sudden jump has left many investors wondering if the cryptocurrency is finally getting the validation it deserves.
Created in December 2013 as a joke, dogecoin was originally based on the "doge" meme that became popular around a decade ago. The Shiba Inu mascot, which features a cartoon dog surrounded by Comic Sans text in broken English, has become an iconic symbol of the cryptocurrency.
However, Musk's involvement with dogecoin has been a contentious issue, and many investors have accused him of using the coin to troll his fans and critics on Twitter. It remains unclear whether the logo change will be permanent or if it's just another attempt by Musk to stir up controversy.
As for the lawsuit, lawyers for Musk and Tesla have described it as a "fanciful work of fiction" with no basis in reality. However, investors continue to hold out hope that Musk's involvement with dogecoin could lead to a significant increase in its value.
For now, the price of dogecoin will remain volatile, and only time will tell if the logo change is just a publicity stunt or a genuine indication of the coin's future prospects.
so elon musk changes twitter's logo to shiba inu and it literally sent dogecoin prices soaring!!! 
i mean like, i'm all for some good news for crypto but come on, is he just trolling us or does this actually mean something? 
idk what to think tbh. the thing is, musk's involvement with dogecoin has been kinda sketchy so it's hard to tell if this is legit or not 
but hey, at least it's entertaining! 
As of now, dogecoin's price has surged by 20% in just 24 hours, which is crazy! 
According to historical data, the top 10 cryptocurrencies have seen an average increase of around 5-6% over the past week. So, dogecoin's surge is actually pretty close to that average. 
Let's look at the chart... 
Now, I'm not saying this is going to lead to a market crash or anything 
It was so much fun playing classic Street Fighter II and Mario Kart while eating these massive burgers and milkshakes 
. I swear, it's been ages since I've felt that carefree 
. Oh man, have you ever tried those crazy thick burgers at this one diner near Oxford? 
they're like, 10 inches long! 
? and meanwhile, the price of dogecoin is just going up and down like a rollercoaster... it's almost like people are trying to ride this wave of uncertainty rather than looking at the bigger picture 
.
. He's always been one to stir up drama and attention. Replacing Twitter's bird with Shiba Inu is just another example of his unpredictable behavior. And let's be real, it's not like dogecoin was going to gain any traction on its own 
. I'm not holding my breath waiting for dogecoin to become the next big thing...
The lack of transparency is, like, super frustrating 
. Guess only time will tell if the Shiba Inu logo change was just a clever ploy to stir up drama... or something more 
.
like i know some ppl were skeptical about dogecoin but elon really brought it back into the game 
i dont know if im going to invest but id be lying if i said i didnt feel a spark of hope 
maybe elons vision for twitter will bring more crypto love? 
And, idk, is the sudden surge in dogecoin's price really that surprising considering it's basically been around forever... 
Still, I guess it's fun to see people get excited about something. As long as they're not investing all their money into it, though 
I mean, come on, who replaces Twitter's logo with an image from a joke cryptocurrency? 
The Shiba Inu is cute and all, but it's not exactly the most professional logo for a major platform. 