Twitter’s Logo Switch to Shiba Inu Sends Dogecoin Soaring and Leaves Users Puzzled
This morning, Twitter saw a significant increase in activity as numerous usually silent accounts noticed a change in the platform’s logo, prompting them to share screenshots and inquire about the reason behind the alteration.
Without any prior warning, Elon Musk changed Twitter’s logo to a Shiba Inu, the face of Dogecoin, which has been interpreted as another show of support for the cryptocurrency. Following this move, Dogecoin’s price surged by 30%.
Although the logo change appeared to be sudden, there was a hint in mid-March when a cryptocurrency influencer shared a meme, to which Musk responded, “Nice,” but offered no further indication. After the logo change, Musk tweeted the same meme, suggesting there may have been some foreshadowing after all.
Twitter has not issued any official statement regarding the logo change, as the primary spokesperson for the platform is now CEO Elon Musk. Media outlets seeking comments from Twitter were met with automated responses containing a series of poop emojis (💩💩💩).
It is currently unclear whether the Shiba Inu logo is a temporary joke or if Musk intends to keep it as the platform’s permanent symbol. However, many users have expressed frustration and helplessness over the change, and it is likely that some may gradually distance themselves from Twitter.
Disclaimer: This article is for informational purposes only and does not explicitly or implicitly suggest any investment advice or recommendations. The cryptocurrency market is highly volatile, and investments should be made with caution.