Elon Musk Replaces Twitter’s Blue Bird Logo with “Doge” Meme
The CEO of Twitter and SpaceX, Elon Musk, once again caused a stir on Social Media by replacing the original logo “Blue Bird” with the new Logo “Doge” meme.
The new logo meme features the popular Shiba Inu Dog. In recent news, it is stated that the Dogecoin Cryptocurrency inspired Shiba Inu Dog. In recent weeks the CEO of Twitter, Elon Musk, who is known for his interest in Cryptocurrency and memes, are seen promoting Dogecoin on social media, causing its value to surge.
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The new Logo has been displayed on the site version of Twitter, not on the Twitter App. The Financial Times reported in January that Twitter was developing a system to enable payments on the social media site.
On Saturday, Musk tweeted a meme of the iconic” Doge” on the famous magazine cover with the caption “Douge”.
Musk also changed his Twitter profile picture with a modified one. Shortly after when Musk changed his profile picture, which caused a flurry of reaction on social media, some appreciated his sense of humor, while some people criticize his action for promoting cryptocurrency.
Despite having criticized this action, his tweets have had a noticeable impact on Dogecoin’s value.
The Dogecoins value has risen up to 1000% since the start of this year. Making it the 6th largest cryptocurrency, Dogecoins s valued at $0.31 by market capitalization.
It remains to be seen whether a cryptocurrency will see a market correction or Musk’s tweets will continue to influence Dogecoin.
For now, it appears that Musk’s love for cryptocurrency and memes is here to stay.
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