In the wake of confusion surrounding Twitter blue subscriptions and changes in management at the leading Social Media Platform, Elon Musk is at it again.
Twitter users woke up to a logo change from the normal 'bird' to that of a doge.
A doge is an Internet meme that became popular in 2013. The meme typically consists of a picture of a Shiba Inu dog.
The move by Elon Musk seemed to be an apparent nod to dogecoin, the joke cryptocurrency that he is being sued over.
The doge logo appeared on the site two days after Musk asked a judge to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the dogecoin, according to Reuters.
According to CoinMarketCap.com, dogecoin is the eighth-most valuable cryptocurrency, with a market cap of over $13 billion. Musk has been touting dogecoin and he periodically tweets about the token.
CNBC reports that in December 2021, Tesla announced it would accept dogecoin for some merchandise. This saw the dogecoin rise more than 20 per cent.
And in January 2022, when Musk announced on Twitter that dogecoin payments were live, the cryptocurrency jumped as much as 15 per cent.
CNN notes that the price of dogecoin was up more than 20 per cent over the past 24 hours.
It is not clear whether the changes are temporal or permanent as the company is yet to issue an official statement regarding the changes.
Through his official account, Musk shared a one-year-old conversation with a follower who had suggested that he should buy Twitter and change its logo.
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