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Twitter’s iconic bird logo has been replaced with an image of a Shiba Inu, seemingly in relation to dogecoin, a joke cryptocurrency that Elon Musk, CEO of Tesla, is currently facing a lawsuit over. Musk acknowledged the change on Monday, tweeting, “as promised” along with a screenshot of a year-old conversation where a user suggested changing the bird logo to a doge if he were to acquire Twitter.
The new doge logo on Twitter emerged shortly after Musk sought to dismiss a $258 billion racketeering lawsuit accusing him of promoting a pyramid scheme to boost dogecoin. Musk’s legal team has dismissed the lawsuit as a fabrication by dogecoin investors based on his harmless and often playful tweets.
It remains uncertain if the logo swap on Twitter is permanent, given Musk’s history of using the platform to tease followers and critics alike. Meanwhile, dogecoin experienced a price surge of over 20% in the last 24 hours, hovering around 9 cents, up from just under 8 cents on Monday morning.
Originally created as a joke by two software engineers on December 6, 2013, dogecoin pays homage to the “doge” meme that gained popularity a decade ago. The choice of a Shiba Inu as its mascot mirrors the meme’s style, featuring a dog surrounded by Comic Sans text in broken English.
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