Elon Musk has shaken up Twitter's iconic bird logo, replacing it with an image of a Shiba Inu - the very breed that inspired the popular joke cryptocurrency Dogecoin. The move was seen as a nod to his long-standing feud with Dogecoin investors, who have been suing him over allegations of running a pyramid scheme.
In a tweet on Monday afternoon, Musk declared, "as promised," referencing an old conversation where a user suggested he should just buy Twitter and change the bird logo to a doge. The exchange was posted two days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of running such a scheme.
Lawyers for Musk and Tesla have labelled the lawsuit as "fanciful work of fiction" over his tweets, with their argument being that his statements are "innocuous and often silly." Nevertheless, the move has sent shockwaves through the cryptocurrency market, with Dogecoin's price surging by more than 20% in the past 24 hours.
The logo change, however, remains unclear as to whether it will be permanent. Musk is known for using Twitter to troll both his fans and critics.
In a tweet on Monday afternoon, Musk declared, "as promised," referencing an old conversation where a user suggested he should just buy Twitter and change the bird logo to a doge. The exchange was posted two days after Musk asked a judge to dismiss a $258 billion racketeering lawsuit accusing him of running such a scheme.
Lawyers for Musk and Tesla have labelled the lawsuit as "fanciful work of fiction" over his tweets, with their argument being that his statements are "innocuous and often silly." Nevertheless, the move has sent shockwaves through the cryptocurrency market, with Dogecoin's price surging by more than 20% in the past 24 hours.
The logo change, however, remains unclear as to whether it will be permanent. Musk is known for using Twitter to troll both his fans and critics.