Dogecoin jumps after Elon Musk replaces Twitter bird with Shiba Inu | CNN Business

Twitter's traditional bird icon has been replaced with an image of a Shiba Inu, a nod to the joke cryptocurrency Dogecoin, in a move that appears to be a direct response from CEO Elon Musk.

In a tweet on Monday afternoon, Musk referenced a year-old conversation where another user suggested that he "just buy Twitter" and change the bird logo to a doge. This move comes just two days after Musk requested a judge throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support Dogecoin.

Lawyers for Musk and Tesla have characterized the lawsuit as a "fanciful work of fiction" over Musk's "innocuous and often silly tweets." However, it remains unclear whether the Shiba Inu logo change will be permanent, given Musk's history of using Twitter to troll both fans and critics.

The price of Dogecoin surged by over 20% in the past 24 hours, trading at around 9 cents per coin. The cryptocurrency was originally created as a joke on December 6, 2013, by two software engineers, who drew inspiration from the "doge" meme popular in the early 2010s.
 
I think this is gonna be super interesting to see how ppl react to this new bird ๐Ÿฆ๐Ÿ‘€! I mean Elon Musk already proven he's not afraid of stirring up some drama on Twitter, and now he's basically taunting everyone with this Dogecoin Shiba Inu thing ๐Ÿคฃ. It'll be cool to see if it boosts Dogecoin prices even more, who knows right? ๐Ÿ’ธ
 
idk what's goin on with Elon Musk rn... like, first of all, he's tryin to get rid of this lawsuit about Dogecoin and just replaces the bird logo with a Shiba Inu ๐Ÿถ๐Ÿ˜‚, but at the same time he's still gettin' roasted for his tweets. it's like, dude, make up your mind ๐Ÿคทโ€โ™‚๏ธ?

i mean, i gotta admit tho, the Dogecoin price is killin' it ๐Ÿ’ธ๐Ÿš€, and that Shiba Inu logo is pretty fire ๐Ÿ”ฅ, but is this just a publicity stunt or what? ๐Ÿค”

anywayz, we wanna know: do u think Elon Musk is tryin to troll us with the new logo, or is he for real about makin' Dogecoin legit ๐Ÿ’ธ๐Ÿ‘€?
 
OMG I'M FREAKING OUT!!! ๐Ÿคฏ๐Ÿถ so twitter is literally changing its logo to a shiba inu now i guess that means dogecoin fans are going to freak out because it's a super random nod from musk but like what even is the deal with dogecoin anyway? ๐Ÿค‘ i mean it started as a joke and now it's like this thing that people actually care about...anyway back to twitter so is this gonna be permanent or was it just a troll job from musk? ๐Ÿค” either way i'm lowkey here for the shiba inu logo ๐Ÿถ๐Ÿ’•
 
omg can u believe this?! ๐Ÿคฏ so twitter just replaced their logo with a shiba inu lol i mean i get it dogecoin is kinda cute but come on elon musk you're not trying to distract us from that racketeering lawsuit are u? ๐Ÿ˜‚ and btw 9 cents per coin is crazy that's like pennies man ๐Ÿคช anyway i hope this logo change means a change in transparency for you and twitter, we need more accountability from our tech giants ๐Ÿ’ก
 
Ugh, can't believe Twitter just changed their logo to a Shiba Inu now ๐Ÿคฃ๐Ÿถ Like, what's next? Changing the whole platform to a meme? I mean, I get it, Elon Musk loves Dogecoin and all, but come on, this feels like a desperate attempt to sway users back to the platform. And honestly, it just looks weird ๐Ÿค”. Plus, have you seen the price of Dogecoin go up 20% in 24 hours? It's crazy! But I'm not surprised, Elon Musk is all about stirring up drama and attention. Can't wait to see how this whole thing plays out ๐Ÿ˜’
 
I had the craziest dream last night about owning a cat cafe ๐Ÿฑ๐ŸŽ‰. I mean, can you imagine sipping coffee and snuggling with adorable furballs all day? I'm totally getting one of those ASAP! And speaking of weird internet trends, have you seen those viral videos of people trying to cook ramen noodles in a microwave for like 10 minutes straight? ๐Ÿ˜‚ I swear, it's like they're performing some sort of culinary magic trick... anyway, back to Twitter and their new Shiba Inu logo... yeah, that's pretty funny ๐Ÿ•.
 
I'm low-key surprised by this change lol ๐Ÿคทโ€โ™‚๏ธ the Shiba Inu is so cute! I guess it's a win for Dogecoin fans ๐Ÿ˜Š they've been riding the wave of hype all year long. Elon Musk is a wild card, always keeping us on our toes ๐Ÿ’ฅ. I don't think we can take anything at face value with this guy anymore ๐Ÿค” but hey, who doesn't love a good meme? The lawsuit is just a distraction from the real issue โ€“ making Twitter more fun and engaging ๐Ÿ˜„
 
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