It is not just any Shiba Inu since it is the logo of the famous Doge meme, the icon used by the famous cryptocurrency Dogecoin.
Image generated with Midjourney by Aroged
This April 3, 2023, Twitter changed its logo on the web and mobile applications to the famous Doge meme, the icon used by the famous cryptocurrency Dogecoin, nicknamed “memecoin”. As a result of this change, Dogecoin saw a 20% surge in just 30 minutes. Shortly after the Twitter logo change, Elon Musk said he promised to make the change.
As promised pic.twitter.com/Jc1TnAqxAV
— Elon Musk (@elonmusk) April 3, 2023
It should be noted that Elon Musk, owner and leader of Twitter, has been an avid Dogecoin advocate for many years. His tweets and appearances on television programs such as Saturday Night Live have frequently impacted the value of this cryptocurrency.
It is indeed the logo of Twitter
Dogecoin is the first memecoin, i.e. a cryptocurrency that has no intrinsic value other than its joke status. However, that hasn’t stopped it from attracting a large number of followers, with the current market capitalization exceeding $13 billion.
Far from being Elon Musk’s first eccentricity
This logo change is not the first eccentricity of Elon Musk on Twitter, which has multiplied the strange decisions since he is at the head of the platform. Recently, Twitter created confusion by giving the same badge to certified profiles and those who subscribed to the Twitter Blue subscription.
This decision has caused confusion among users and raised questions about the direction that the social network is taking under the leadership of Elon Musk. Elon Musk’s bold and sometimes confusing moves on Twitter demonstrate his willingness to push boundaries and constantly surprise the online community.
It’s also important to point out that not all of Elon Musk’s actions as head of Twitter have been controversial. Indeed, he has also taken positive measures, such as putting Twitter’s recommendation algorithm online. The move has been widely welcomed, as it allows for greater transparency to users about how their feeds are personalized.
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