Dogecoin rises as Elon Musk replaces Twitter's bird with a Shiba Inu


  • Musk change the bird logo to a doge
  • Lawsuit against Musk and Tesla
  • Dogecoin's price today

In an apparent homage to dogecoin—the parody cryptocurrency that CEO Elon Musk is being sued over—Twitter changed its iconic bird emblem with a picture of a Shiba Inu.

Musk change the bird logo to a doge

On Monday afternoon, Musk tweeted "as promised" alongside a screenshot of a chat from a year ago, in which a user proposed that Musk "simply purchase Twitter" and "change the bird logo to a doge."

Two days after Musk urged a court to dismiss a $258 billion racketeering lawsuit accusing him of conducting a pyramid scheme in favour of the dogecoin, the doge logo appeared on the site, as reported by Reuters.

Lawsuit against Musk and Tesla

Dogecoin investors have filed a lawsuit against Musk and Tesla, which Musk's lawyers have dismissed as a "fanciful work of fiction" because to Musk's "innocuous and frequently foolish tweets."

The logo switch may or may not have been a temporary one. Musk has been known to taunt his supporters and detractors alike on Twitter.

Dogecoin's price today

Dogecoin's price, which fluctuates often, increased by almost 20% in the last day, reaching over 9 cents. As of Monday morning, it had traded for little less than 8 cents. 

A couple of software programmers developed Dogecoin on December 6, 2013, jokingly. The name is a play on the "doge" meme, which sprang to fame a decade ago. The Shiba Inu used as the company's mascot is surrounded by a lot of botched English Comic Sans writing, mimicking the meme.


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