Elon Musk's Twitter logo has been replaced with an image of a Shiba Inu, the same breed featured on the cryptocurrency Dogecoin. This move has sparked speculation about Musk's ties to the digital currency and whether it's more than just a coincidence.
Musk tweeted that he was "as promised" in reference to a year-old conversation where another user suggested changing the Twitter bird logo to a doge image. The suggestion was made before Musk became CEO of Twitter, and he had initially dismissed the idea.
However, after being sued by Dogecoin investors over allegations of a pyramid scheme, Musk called the lawsuit "a fanciful work of fiction" in court documents. Lawyers for Musk claim that his tweets are innocent and not indicative of any wrongdoing.
The change to the logo came just two days after Musk asked a judge to dismiss the $258 billion racketeering lawsuit filed by Dogecoin investors. The price of Dogecoin surged over 20% in the past 24 hours, sparking debate about whether the logo change is more than just a prank.
Dogecoin was created as a joke on December 6, 2013, by software engineers who wanted to poke fun at internet memes. Its mascot features a Shiba Inu dog surrounded by Comic Sans text and broken English, echoing the "doge" meme that gained popularity a decade ago.
It remains unclear whether the new logo will be permanent, as Musk is known for using Twitter to troll his fans and critics. The move has added fuel to speculation about Musk's involvement with Dogecoin, but its true significance remains unclear.
Musk tweeted that he was "as promised" in reference to a year-old conversation where another user suggested changing the Twitter bird logo to a doge image. The suggestion was made before Musk became CEO of Twitter, and he had initially dismissed the idea.
However, after being sued by Dogecoin investors over allegations of a pyramid scheme, Musk called the lawsuit "a fanciful work of fiction" in court documents. Lawyers for Musk claim that his tweets are innocent and not indicative of any wrongdoing.
The change to the logo came just two days after Musk asked a judge to dismiss the $258 billion racketeering lawsuit filed by Dogecoin investors. The price of Dogecoin surged over 20% in the past 24 hours, sparking debate about whether the logo change is more than just a prank.
Dogecoin was created as a joke on December 6, 2013, by software engineers who wanted to poke fun at internet memes. Its mascot features a Shiba Inu dog surrounded by Comic Sans text and broken English, echoing the "doge" meme that gained popularity a decade ago.
It remains unclear whether the new logo will be permanent, as Musk is known for using Twitter to troll his fans and critics. The move has added fuel to speculation about Musk's involvement with Dogecoin, but its true significance remains unclear.