Cryptocurrency

Elon Musk changes Twitter’s logo to viral Doge meme


The change also caused an instant boost the the value of the memecoin (Picture: AFP / reuters / twitter)

In what looks like a delayed April Fool’s gag, Twitter changed its iconic blue bird logo to the viral Doge meme.

On Monday, users tweeted their confusion at seeing a Shiba Inu dog in place of Twitter’s blue bird on the homepage and loading screen.

The image of the dog became a viral meme in 2010 and went on to become the face of the popular cryptocurrency Dogecoin.

Twitter’s owner Elon Musk acknowledged the change by tweeting a meme.

‘Very currency. Wow. Much Coin. How Money. So Crypto.’ tweeted the official Dogecoin account in response.

The reason behind the change is unclear, with some users speculating that it was an April Fool’s Day prank that wasn’t done on time as key employees had been laid off.

The timing of the change is still suspicious as it comes days after Musk petitioned a court in the US to dismiss a lawsuit filed against him by Dogecoin investors for $258 billion over an alleged pyramid scheme.

The change also caused an instant boost the value of the memecoin. In just 30 minutes, Dogecoin prices increased by 30%.



Who or what is Doge?

Doge is a popular internet meme that consists of a picture of Kabosu, a Shiba Inu dog, accompanied by multicoloured text in Comic Sans font.

It became popular in 2010 and went on to be the face of the popular cryptocurrency Dogecoin.

Last year, Musk was sued for $258 billion (£209 billion) for allegedly running a pyramid scheme to support the cryptocurrency.

In Friday’s hearing, Musk’s lawyers said the investors never explained how Musk intended to defraud anyone or what risks he concealed, and that his statements such as ‘Dogecoin Rulz’ and ‘no highs, no lows, only Doge’ were too vague to support a fraud claim.

‘There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion,’ Musk’s lawyers said. ‘This court should put a stop to plaintiffs’ fantasy and dismiss the complaint.’


MORE : Dogecoin goes up 8% after Elon Musk tweets his support


MORE : Elon Musk sued for £209 billion over alleged ‘Dogecoin pyramid scheme’





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