Elon Musk Replaces Twitter Logo with Dogecoin Meme! Have You Seen It?

Billionaire entrepreneur Elon Musk has never been one to shy away from controversy, and his latest move has left the world scratching its head. The Twitter owner has changed the iconic blue bird logo of the popular social media platform to that of a Shiba Inu dog, which has long been associated with the viral cryptocurrency Dogecoin. 

The move came as a complete surprise to Twitter users around the world, who were greeted with the new logo late on Monday and early Tuesday. It left everyone wondering what could Musk be up to now?

Elon Musk Responds with a Meme

As the news spread, Twitter owner Elon Musk weighed in with a meme, as is his trademark style. However, some have speculated that the logo change could be a late April Fools' Day prank.

pic.twitter.com/wmN5WxUhfQ

— Elon Musk (@elonmusk) April 3, 2023

What Is The Lawsuit Against Elon Musk?

The logo change came after Musk appealed to a US judge to dismiss a $258 billion racketeering lawsuit. The lawsuit accuses Musk of operating a pyramid scheme to support Dogecoin, which he has promoted heavily on Twitter.

Multiple lawsuits have been filed in response to Musk's tweets on the platform, which he owns. Investors have accused him of deliberately inflating Dogecoin's price by over 36,000% in two years and then allowing it to crash.

Musk's Lawyers Respond

In response to the allegations, Musk's lawyers argued that the investors had failed to explain how he intended to defraud anyone or what risks he had hidden. They also claimed that Musk's statements about Dogecoin were too vague to support a fraud claim.

Dogecoin's Price Surges

Despite the legal battles, Dogecoin's price surged by up to 20% after Twitter used the token's mascot as its logo. The price of the meme coin rose to $0.092, its highest in over a month. On Tuesday morning, the price showed a surge of over 25.49%, with the last traded price at Rs 8.2143.

This Is Not The First Time….!

Well! this is not the first time that Musk has ignited such a brawl among netizens, he is know for his unexpected moves since ever! Here's a quick check list of what he has changed in Twitter so far.

• Paid Verification: Musk's initial big reveal was none other than his proposed paid verification system. The plan allows individuals to pay $8 per month in exchange for a coveted blue checkmark, giving them the ability to digitally impersonate their favorite celebrities on the platform.
• Account Reinstatements: Musk continued to make waves on the Twitter platform, this time with a bold move towards promoting free speech. He put his intentions on full display by conducting a poll among Twitter users, asking if he should reinstate the accounts of those previously banned from the app. The results were overwhelmingly in favor of reinstatement, and Musk wasted no time in making it happen. All previously disabled accounts were restored, sending a clear signal that Twitter was about to become a more open and free space.
• Banning Links to Other Social Apps: Twitter briefly banned links to rival social media platforms on a Sunday, only to face swift and severe backlash from its users. The platform quickly reversed its course after the outrage, realizing that the ban was not well-received by the masses.

How Netizens Are Reating To The New Twitter Logo?

Netizens have showed mix reactions to the new Twitter logo! While some are mocking the new logo, others are all up with criticism. Well! Only Musk knows what's his aim behind the new logo.

Best Twitter logo, agreed ⁉️ pic.twitter.com/ayXj4xUE7p

— DOC 🌎 (@DrROMAN_NFT) April 3, 2023

Twitter Logo pic.twitter.com/azYKnZTRH9

— Tweet Chor👑 (@Pagal_aurat) April 4, 2023

Twitter Logo pic.twitter.com/azYKnZTRH9

— Tweet Chor👑 (@Pagal_aurat) April 4, 2023

Elon paid $44 billion to change the Twitter logo to a Doge 

He's just a kid at heart, having fun. And I'm here for it 😂 pic.twitter.com/AvFEe9r1ab

— Genevieve Roch-Decter, CFA (@GRDecter) April 3, 2023⁠⁠⁠⁠⁠⁠⁠

Also Read: How is Elon Musk Benefiting From Changing Twitter's Logo?