Elon Musk's Unlikely Marketing Move Sparks Dogecoin Surge.
In a move that has left investors and Twitter users alike scratching their heads, the billionaire CEO replaced Twitter's iconic bird logo with an image of a Shiba Inu - the beloved canine mascot of dogecoin, a joke cryptocurrency he is currently embroiled in a $258 billion lawsuit over. The switch was made two days after Musk asked a judge to dismiss the suit, which alleges he's running a pyramid scheme to prop up the struggling coin.
According to Twitter, the new logo was intended as a nod to a 2021 conversation where another user jokingly suggested that Musk "just buy Twitter" and swap out the bird for a doge. The move seems like more than just a cheeky tweet, however - the price of dogecoin has skyrocketed by over 20% in the past 24 hours.
Lawyers representing Musk and Tesla have dismissed the lawsuit as a "fanciful work of fiction", but the cryptocurrency market is taking the change very seriously. With investors scrambling to capitalize on the momentum, it's unclear whether this is a permanent branding shift or just another publicity stunt from the Twitter mogul.
Regardless of the intentions behind it, one thing is certain: dogecoin has experienced an incredible surge in value over the past day. Created back in 2013 as a joke by two software engineers, dogecoin was originally based on the popular "doge" meme featuring a Shiba Inu surrounded by Comic Sans text. Its market performance today has left many wondering if this is more than just a prank - but for now, it's at least getting the attention Musk needs.
In a move that has left investors and Twitter users alike scratching their heads, the billionaire CEO replaced Twitter's iconic bird logo with an image of a Shiba Inu - the beloved canine mascot of dogecoin, a joke cryptocurrency he is currently embroiled in a $258 billion lawsuit over. The switch was made two days after Musk asked a judge to dismiss the suit, which alleges he's running a pyramid scheme to prop up the struggling coin.
According to Twitter, the new logo was intended as a nod to a 2021 conversation where another user jokingly suggested that Musk "just buy Twitter" and swap out the bird for a doge. The move seems like more than just a cheeky tweet, however - the price of dogecoin has skyrocketed by over 20% in the past 24 hours.
Lawyers representing Musk and Tesla have dismissed the lawsuit as a "fanciful work of fiction", but the cryptocurrency market is taking the change very seriously. With investors scrambling to capitalize on the momentum, it's unclear whether this is a permanent branding shift or just another publicity stunt from the Twitter mogul.
Regardless of the intentions behind it, one thing is certain: dogecoin has experienced an incredible surge in value over the past day. Created back in 2013 as a joke by two software engineers, dogecoin was originally based on the popular "doge" meme featuring a Shiba Inu surrounded by Comic Sans text. Its market performance today has left many wondering if this is more than just a prank - but for now, it's at least getting the attention Musk needs.
, like, if you're gonna try to make dogecoin relevant again, maybe it's time to get real about its market potential 
. 20% surge in just one day? that's not a publicity stunt, that's actual traction 
. and honestly, who cares if it's Musk trying to troll people or genuinely reviving the coin, at this point dogecoin is just too damn popular 
. maybe it's time for Twitter to just own its weirdness 
instead of constantly changing logos.
I get that Elon wants some attention, but does he really need to make it so literal? 
And can we talk about how confusing this is for actual Twitter users? Like, if the logo changes, shouldn't the whole platform adjust accordingly or at least have a clear explanation? It just feels like another weird move from someone who thinks they're above the rules. And honestly, I'm kinda curious to see what happens next with Dogecoin - but let's not forget that it was basically made as a joke 
. Can't we just stick to actual branding and marketing strategies? 
. one sec he's in a $258 billion lawsuit and the next he's shilling his own meme coin 
either way, it's causing some wild fluctuations in its value 
. i'm not a fan of the new logo btw 
, it feels super forced. and can we talk about how weird it is that Musk is getting away with basically trolling the whole crypto community 
, I don't trust this one for a sec. So Elon Musk replaces Twitter's logo with a dog picture and suddenly Dogecoin is up 20%? Sounds like a marketing ploy to me 
. And what about the lawsuit he asked to dismiss? Just a coincidence that the logo change happened after that? 
. He's not just stirring up drama, he's actually making dogecoin relevant again 
.
... anyway, i'm not investing in dogecoin anytime soon 
i'm not saying elon musk is smart or anything (lol), but if he wants to hype up the crypto market with his own brand of weirdness, im all for it 
. and honestly, its kinda funny that twitter went along with this - maybe they're trying to shake things up a bit? 
20% surge in dogecoin price is wild, must be some people out there who actually believe in that stuff 
anyway, good luck trying to sell me on it 
using humor and unexpected moves to get people talking might be just what he needed to shift the narrative 
. But for now, I'm here for the meme-tastic marketing genius 
.
. Still, I gotta admit, the internet loves a good meme 
. It's still a bit sketchy that he'd just change the logo without warning, but at least the price of Dogecoin is benefiting from it