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The latest news reports that Twitter has replaced its traditional bird icon with an image of a Shiba Inu, a nod to the joke cryptocurrency dogecoin that CEO Elon Musk is embroiled in a lawsuit over. Musk tweeted about the change, referencing an old conversation suggesting the logo change to a doge. The doge logo appeared on Twitter shortly after Musk requested the dismissal of a $258 billion lawsuit linking him to supporting dogecoin through a pyramid scheme.
The legal team representing Musk and Tesla dismissed the lawsuit as a “fanciful work of fiction,” emphasizing that Musk’s tweets are often light-hearted and harmless. Musk is known for using Twitter to engage with his audience, sometimes playfully teasing them or his detractors. It remains uncertain whether the logo change is permanent or only temporary.
Dogecoin’s value, known for its volatility, was reported to have surged over 20% in the last 24 hours, reaching around 9 cents. Created in 2013 as a joke by software engineers, dogecoin pays homage to the “doge” meme popular from a decade ago. The Shiba Inu mascot reflects the essence of that meme, featuring a dog surrounded by text in broken English.
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