Twitter logo Doge: Elon Musk has created yet another uproar among Twitter users by replacing the microblogging site’s well-known blue bird emblem with the Shiba Inu logo, which is synonymous with the cryptocurrency Dogecoin. Musk’s decision comes just a day after he filed an appeal for the dismissal of a $258 billion racketeering lawsuit accusing him of deliberately inflating the value of Dogecoin. To make light of the situation, Musk posted a picture of the Doge meme riding in a vehicle while a police officer examined the driving licence with the ‘old’ blue bird logo on it on Tuesday.
According to Bloomberg, the value of Dogecoin increased by nearly 30% after its image appeared on the website interface, and the term ‘Doge’ started trending on Twitter. Musk captioned a post with ‘as promised,’ a screenshot of an old discussion with a Twitter user who had requested him to “buy Twitter and change the bird logo to a doge.”
Also read: Why global left and Biden are so scared of Elon Musk
Twitter’s mobile version, on the other hand, stayed unchanged. Dogecoin’s official Twitter account also reacted to the unexpected change, adopting the meme’s style and writing, “Very currency. Wow. A lot of money. How Much Money. “How Crypto.” Musk replaced the blue bird meme with the ‘Doge’ meme in response to a lawsuit brought by Dogecoin investors against him.
Musk’s lawyers dismissed the case as a “fanciful work of fiction” based on Musk’s “innocuous and frequently silly tweets” about bitcoin. They argued that statements like “Dogecoin Rulz” and “no highs, no lows, only Doge” did not support Musk’s claim that he purposefully increased the cryptocurrency’s price by over 36,000% in two years and then allowed it to crash, resulting in significant losses for its investors.
Musk posted an image of the ‘Doge’ posing as Twitter’s new CEO in February, writing that the ‘new CEO is amazing’. The meme currency was created in 2013 as a joke to mock other cryptocurrencies such as Bitcoin.
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