Twitter Goes Doge! Blue Bird Logo Replaced
On Monday, 3 April 2023, users went awestruck when they opened Twitter, and the blue bird logo was no longer there. Instead, they saw the famous 2013 Shiba Inu doge meme on the homepage.
Following that logo change, netizens took Twitter with #DOGE, and in no time, it was in the top trends. The 51-year-old CEO also stepped in to let the people know about the blue bird logo replacement with the new one. Amid all this bustling on the social networking site, something unusual happened too. And it was the revival of Dogecoin.
The market value of DOGE went more folds up right after the logo change. This blog will spotlight all the necessary insights about the Blue Bird logo swap to DOGE. Continue reading for more updates.
Key Takeaways:
- Twitter changed its logo to the Shiba Inu doge meme, causing #DOGE to trend on the platform.
- Elon Musk has been promoting DOGE and even tweeted a picture of his pet dog similar to the meme.
- DOGE’s market value has significantly increased since Twitter updated its logo, with a trading volume of over 5 billion USD.
- Elon Musk was sued for promoting DOGE and illegal racketeering, but his legal team is trying to end the case in court.
- The reason for Twitter’s logo change is unknown, but it has benefited DOGE and experts predict its price could rise further.
Is Elon Musk Deliberately Biasing Twitter to Promote DogeCoin?
The South African billionaire grabbed the attention again by changing the Twitter logo to a cryptocurrency logo DOGE. On 3 April 2023, he tweeted a meme of Kabosu on his handle, saying, “That’s an old photo.”
The thing about Elon using Twitter to promote DOGE is not new. Tesla has been accepting Dogecoin since January 2022. For any purchase related to Tesla merchandise, users can use DOGE as a mode of payment.
Through the Dogecoin wallet transaction, people can shop on the Tesla website. After that, Elon also announced that SpaceX would start accepting the DOGE soon.
Thus, he has supported it for a long time and even referred to it as “People’s Crypto.”In February 2023, he shared a picture of his pet dog similar to the Shiba Inu doge meme, saying;
“The new CEO of Twitter is amazing.”
But after 3 April, he took the Dogecoin support to the next level. Still, the logo change thing is unexplained. Now, users are concerned about what queer future is awaiting Twitter.
DogeCoin Is SkyRocketing; All Thanks to Musks’ “Hustle”
When Elon bought Twitter in October 2022 for worth $44B, everyone felt that things on Twitter wouldn’t be the same as they were before. He aimed to make the social network a free-speech democratic town square, introducing new algorithms, features, and much more.
It’s not the subject matter of how he drove Twitter and whether his policies were successful. Because now Twitter is handling something else. The CEO removed the bluebird log with the DOGE meme. And this step by Elon Musk benefits DOGE in the long run.
Since Twitter updated the logo, Dogecoin has been booming. Its trading volume is 5,315,414,920 USD. The Doge crypto has earned 7th place in the market.
In addition, the Dogecoin price has surpassed the previous all-time high price, i.e., it jumped from 0.740 to 0.10066 USD. The cost of Dogecoin has surged to 27%. In addition, its liquidations also went up 26 million USD lately. Pundits have predicted the price could escalate more in the coming days.
CEO Twitter has always been an avid promoter and supporter of Dogecoin, and this week he made it loud and clear again.
Not only that, but Elon also shared a screenshot of his chat with a WSBChairman user and captioned it “As promised.” The conversation started as a response to Elon’s tweet on 26 March, where the CEO wrote;
“Is a new platform needed?”
In response, WSBChairman tweeted, “Just buy Twitter and change the bird logo to a doge.” Elon replied, “Haha, that would sickkk.”
Moreover, in 2021 SNL, Elon was questioned about Dogecoin. He replied, “Yes, it’s a hustle.”
Did Elon Musk sue for promoting DogeCoin?
Yes, Elon Musk was in trouble for tweeting about Dogecoin. In 2022, a U.S. citizen filed a lawsuit against him. He accused Elon Musk of deliberately promoting the DOGE and illegal racketeering. Moreover, he mentioned the 2021 SNL, where the Twitter CEO cashed out his popularity to increase the Dogecoin price to 36,000 for one cent.
The plaintiff sued Elon, SpaceX, and Tesla for 258 billion USD for alleged involvement in the Dogecoin pyramid scheme.
However, Musk’s legal team is trying to end this case in NYC court. And they are calling it a “fanciful work of fiction.” Thus, to them, there is no violation of the law for Elon Musks’ tweets about legalized crypto.
Conclusion:
Summing up the kick story of the Twitter logo swap to DOGE, the matter brought different sentiments from Twitteratis to light. Various theories regarding this change are roaming. Some users believe it is a belated April fool prank, while others don’t seem to agree. They are relating it to $258B litigation against Elon.
Whatever the reason is, Dogecoin is leveraging fully. The altered logo proved fortunate for the DOGE crypto. With booming DOGE hourly prices, the 24-hour trading volume has risen to $35.95K.
At last, the exact reason why the billionaire CEO has changed the Twitter logo is unknown. Likewise, people are still determining how long the new Twitter logo will last! Thus, foretelling anything regarding the logo alteration won’t be a good move.