Dogecoin Price Soars More Than 20% After Elon Musk Replaces Twitter's Bird Logo With Doge Meme
The price of Elon Musk¡¯s favorite crypto Dogecoin jumped more than 20% late evening yesterday. The reason? ¡®Dogefather¡¯ and Twitter CEO Musk briefly changed Twitter¡¯s iconic bird logo with that of a doge meme. Twitter users noticed the 'doge' meme, which is part of the logo of the Dogecoin blockchain and cryptocurrency and was created as a joke in 2013, on the web version of Twitter on Monday evening.
The price of Elon Musk¡¯s favourite crypto Dogecoin jumped more than 20% late evening yesterday. The reason? ¡®Dogefather¡¯ and Twitter CEO Elon Musk briefly changed Twitter¡¯s iconic bird logo to a doge meme.
Twitter's Iconic Bird Logo Changed
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Twitter users noticed the 'doge' meme, which is part of the logo of Dogecoin, a cryptocurrency that was created as a joke in 2013, on the web version of Twitter on Monday evening.
Musk also shared a hilarious post on his account wherein the 'doge' meme (which features the face of a Shiba Inu) in the car and telling the police officer, who seems to be seeing his driving license, that his photo has been changed. Notably, there was no change on Twitter's mobile app, as per ANI.
¡ª Elon Musk (@elonmusk) April 3, 2023
"As Promised," Tweets Elon Musk
Elon Musk/Twitter
Elon Musk also shared the screenshot of the March 26, 2022, conversation between him and the anonymous account where the latter was asking to change the bird logo to "doge." Sharing this post on Twitter, Musk wrote, "As promised."
As promised pic.twitter.com/Jc1TnAqxAV
¡ª Elon Musk (@elonmusk) April 3, 2023
According to Variety, Musk, who acquired Twitter in October last year in a $44 billion deal, is a well-known fan and supporter of the Doge meme and has often openly promoted Dogecoin on Twitter. After the change to Twitter's web logo Monday, the value of Dogecoin rose more than 20 per cent.
Elon Musk has continued to support Dogecoin despite a mammoth $258 billion lawsuit ongoing against him. Click here to know about it. Recently Musk asked the US court to throw out the case as it is a work of fiction.
In March 2022, before mounting his eventually successful bid to buy Twitter, Musk tweeted, "Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?"
@WSBChairman had responded, "just buy twitter... and change the bird logo to a doge." Musk responded, "Haha that would sickkk".
Elon Musk is a man of his word?
¡ª Chairman (@WSBChairman) April 3, 2023
Also Read: Timeline Of Elon Musk-Twitter's $44 Billion Deal
Memes Flood Twitter
Twitter Logo pic.twitter.com/7s5EyAEVrf
¡ª RVCJ Media (@RVCJ_FB) April 4, 2023
Best Twitter logo, agreed ?? pic.twitter.com/ayXj4xUE7p
¡ª DOC ? (@DrROMAN_NFT) April 3, 2023
#TwitterLogo#TwitterLogo
¡ª Ranjana Singh Rathore (@ranjanasingh95) April 4, 2023
Elon Musk be like:- pic.twitter.com/Rm8iI4WZ6A
When Musk Introduced Doge As Twitter CEO
Another instance showing Musk's undying love for Dogecoin was in February this year, when he posted a photo of a dog posing as the CEO of Twitter, on his account with the caption, "The new CEO of Twitter is amazing."
The new CEO of Twitter is amazing pic.twitter.com/yBqWFUDIQH
¡ª Elon Musk (@elonmusk) February 15, 2023
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