Elon Musk has replaced Twitter’s traditional bird icon with an image of Shiba Inu following his recent tweets about Dogecoin, a cryptocurrency he’s facing a lawsuit over.
On Monday afternoon, Musk addressed the change with a tweet featuring a year-old conversation image where another user suggested that Musk should “just buy Twitter” and “change the bird logo to a dog.”
As a result, Twitter’s bird icon was booted and replaced with an image of Shiba Inu, which is a clear nod to Dogecoin.
Elon Musk calls for dismissal of $258 billion racketeering case two days before a dog logo appears on the site, amid allegations of running a pyramid scheme to support Dogecoin.
Musk and Tesla’s lawyers have referred to the lawsuit as “a fanciful imagining by Dogecoin investors” based on Musk’s “irreverent and often foolish tweets.”
It wasn’t clear whether the logo change was permanent or not. Musk is known for using Twitter to troll both his fans and critics.
In the past 24 hours, the value of Dogecoin has increased by more than 20%, which is significant considering its usual volatility. On Monday morning, it was trading at just under 8 cents.
Dogecoin was created by a pair of software engineers as a joke on December 6, 2013. Its name is a reference to the popular “Doge” meme that gained popularity a decade ago. Its mascot, Shiba Inu, imitates that meme: a dog surrounded by a flock of comic sans text in broken English.
- Cardano: Notable Recovery and Development in the ADA Cryptocurrency Landscape
- OpenAI signs deal to secure $100M in crypto investment for Worldcoin
- Hyundai to invest $2.45 billion to increase production in India
- The NY AG wants to tighten regulations on cryptocurrency!
- After Binance’s withdrawal ban, Bitcoin sees a drop in the cryptocurrency market frenzy