In an unexpected turn of events, Elon Musk on Tuesday replaced Twitter’s beloved blue bird logo with the widely-acknowledged ‘Doge’ meme of the cryptocurrency. The meme image is now visible in the top left corner of the Twitter feed home screen on its Web version.
Response to this Move
Since November 2022, Mr. Musk has acquired the microblogging platform for $44 billion, and as of April 2021, Twitter could only display content from paid accounts in the ‘For You’ feed on the app’s opening screen. Therefore, the recent switch to the ‘Dog’ meme as the logo has been met with a range of comments and criticism on the platform.
Mr. Musk, a known proponent of Dogecoin, a cryptocurrency that was originally created as a joke in 2013, has declared that Tesla now accepts Dogecoin as payment for merchandise and has additionally confirmed that SpaceX will soon do the same. According to Bloomberg, Dogecoin experienced a 30 percent increase in value shortly after its image was added to the website interface.
Elon’s Doge Tweets
In response to the numerous inquiries concerning the logo change, Mr. Musk took to Twitter with two humorous posts. The first tweet featured a ‘Doge’ meme character driving a car with an officer inspecting a license displaying the prior blue bird logo.
Subsequently, Mr. Musk also shared a screenshot of a prior chat with a user who had requested that Elon should acquire Twitter and change the logo to the Doge. In this screenshot, Musk further stated that it’s done as promised.
Elon Facing Lawsuit
Currently, Elon Musk is dealing with a class-action lawsuit in federal court, concerning allegations of a $258 billion pyramid scheme involving cryptocurrency. This was because, Elon had openly shown his support to Dogecoin several times, which has even got him the nickname, “The Dogefather”,