The logo in the upper left corner of the homepage of social media giant Twitter (Twitter) suddenly changed into a Dogecoin Shiba Inu meme without warning this morning. Twitter CEO Elon Musk also shared a meme suggesting that the original Twitter logo The blue bird logo “is already an old photo.” Inspired by this news, Dogecoin rose by 37% in an instant.
(Recap:Musk seeks judge to dismiss “Dogecoin extortion lawsuit”! Doge investors seek 258 billion magnesium)
(background supplement:Musk’s lawsuit: Tesla’s privatization fraud is not guilty; Twitter’s “calling for Dogecoin” is still pending)
companyThe logo in the upper left corner of the homepage of the social media giant Twitter (Twitter) used to be the well-known blue bird logo, but it suddenly changed into a Dogecoin Shiba Inu meme in the early hours of this morning, causing heated discussions in the community. It is unclear whether this logo change will be permanent or temporary.
After the logo change, Twitter CEO Elon Musk, who once called himself the “Godfather of Dogecoin,” tweetedreleaseAn image containing a Dogecoin meme shows a police officer checking ID with a blue bird logo on it, but the Dogecoin meme says “that’s an old photo.”
Since the Twitter logo was replaced with a Dogecoin meme, under this incentive, according to Tradingview dataDogecoin (DOGE) rose rapidly by more than 37% from around US$0.076 to US$0.10500 in just two hours from 1:00 this morning. As of the time of writing, it was at US$0.09659, an increase of 24% in the past 24 hours.
Musk: I will do what I say
It is worth noting that Musk also shared a screenshot of a Twitter conversation a year ago, saying that he “did what he said.” This screenshot of the conversation showed that a user suggested that Musk “buy Twitter”, And “change the bird’s logo to Dogecoin”, and now these have been realized.
As promised pic.twitter.com/Jc1TnAqxAV
— Elon Musk (@elonmusk) April 3, 2023
For a long time, Musk has often touted Dogecoin, andhintDogecoin has the possibility of introducing Twitter payments. In order to achieve the goal of diversifying income and promote Twitter’s plan to become a super app, in January this year, it was reported that Twitter had applied for a payment license in the United States to accelerate support for cryptocurrencies.
Further reading:Ambush Twitter Payments” giant whales increased their holdings by 450 million Dogecoins! DOGE transaction volume doubled
However, Musk is currently facing a Dogecoin extortion lawsuit. In September last year, Dogecoin investors filed a class action lawsuit, claiming US$258 billion from Musk and other defendants. After the retail investors entered the market, they dumped a lot of money and caused the currency price to plummet.
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