Dogecoin

Why Did Elon Musk Change the Twitter Logo to the Dogecoin Cryptocurrency Meme? Billionaire was named in lawsuit filed last year accusing him of racketeering ...

“This court should put a stop to plaintiffs’ fantasy and dismiss the complaint.” (Twitter’s mobile apps weren’t changed.) The doge image (of a Shiba Inu) is part of the logo of the Dogecoin blockchain and cryptocurrency, which was created as a joke in 2013 — to mock other cryptocurrencies like Bitcoin. Musk’s legal team filed a motion on Friday, March 31, to have the lawsuit dismissed, per a Reuters

Elon Musk tweets out meme after blue bird on homepage replaced by image of shiba inu associated with cryptocurrency.

According to a leaked internal memo, Twitter is now worth less than US$20bn, under half what Musk paid for it six months ago. The plaintiffs reportedly complained the sell-off of Dogecoin began when Musk appeared on Saturday Night Live and referred to Dogecoin as a “hustle” in a segment. “Musk used his pedestal as world’s richest man to operate and manipulate the Dogecoin Pyramid Scheme for profit, exposure and amusement,” the complaint reportedly stated. [reported in June last year](https://www.reuters.com/legal/transactional/elon-musk-sued-258-billion-over-alleged-dogecoin-pyramid-scheme-2022-06-16/) that according to the complaint, the plaintiffs claim Musk knew that since 2019 the cryptocurrency had no value, but promoted Dogecoin to profit from its trading. Musk has not explained the reason for the change, but some users speculated it was meant to be an April fool’s day gag that the company was unable to bring in on time on 1 April. Twitter changed its iconic blue bird logo on Monday to mimic the logo of a popular cryptocurrency – an image of a dog that featured in viral memes – in what appears to be a late April fool’s day gag from the company’s billionaire owner,

Twitter's homepage received a major makeover on Monday when its iconic blue bird was replaced by a picture of Dogecoin's cartoon Shiba Inu dog.

Musk has also floated the possibility that Dogecoin will be integrated as a form of payment on Twitter at some point. The timing of the change is also noteworthy, as it comes just days after Musk’s lawyers asked a judge to dismiss a $258 billion racketeering lawsuit accusing the billionaire of running a “pyramid scheme” to boost the digital currency’s value. However, the sudden appearance of the Dogecoin logo on Twitter’s homepage raised questions among some users.

Dogecoin has pumped this morning after Twitter changed its blue bird icon to the Doge meme image. Meanwhile, Bitcoin has dipped a bit.

(Stats accurate at time of publishing, based on CoinGecko.com data.) In other, far-less pumpy (in fact, potentially highly dumpy) news, there is an as-yet “unverified rumour” doing the rounds on Twi… It translated to: “Interpol Red Notice for CZ”. “This court should put a stop to plaintiffs’ fantasy and dismiss the complaint.” The fork-of-a-fork of Bitcoin is currently up about 20% over the past 24 hours. You’ll likely know by now then that Elon Musk has changed the bird icon to the Dogecoin symbol – a knowing-looking shiba inu dog meme.

Bitcoin is struggling to muster strength for a push above US$28k today, but at least Dogecoin is still running hot, thanks to Elon Musk.

My guess is they see that opportunity and they know the rule book, because there is demand.” And the Cayman Islands is the other one because of how the offshore funding markets work. As is Switzerland, as is Singapore, as is the UAE, as is Hong Kong,” noted the macro guru. In any case, it seems the damage to the price of Bitcoin (and BNB for that matter) has been fairly limited as a result. And that pretty much tells the story today in crypto so far – a mixed bag of fear (a loose rumour mill at work regarding Binance’s CZ) and greed (Dogecoin FOMO). And the dog is still on heat, with $DOGE now currently up more than 23% over the past 24 hours.

Elon Musk is currently facing a $258 million class action federal lawsuit accusing him of engaging in a pyramid scheme for voicing his support for Dogecoin ...

"And change the bird logo to a doge." Musk often voiced his support for the coin and was even nicknamed "The Dogefather." There was a concerted movement to get the coin to $1, which has not yet happened.

Dogecoin Price Prediction: DOGE price has soared by more than 30% as Elon Musk has replaced the Twitter bird logo with Doge meme.

Analysis of the DOGE price chart reveals that the coin is retesting the key psychological resistance of $0.10. Dogecoin price prediction will become extremely bullish if the price reclaims the $0.11 level. At the time of writing, the price is trading above this level once again. The move comes at a time when Elon Musk is being sued by Dogecoin investors about his involvement in running a Ponzi scheme. At press time, the cryptocurrency created out of DOGE memes is trading at $0.099 and retesting a major resistance. Dogecoin (DOGE) price prediction is being influenced by Elon Musk once again.

Dogecoin rose as much as 30% after Twitter users noticed their home buttons changed into the dog meme the cryptocurrency is named after.

[Next for Donald Trump](https://time.com/6264352/donald-trump-arrest-what-happen/?utm_source=roundup&utm_campaign=20230202) Twitter didn’t respond to a question about the home button change. in New York, Twitter owner Others have kept their checks with a note they were either Blue subscribers or legacy verified accounts. Dogecoin rose to as high as 10.2 cents from around 7.7 cents after the change. The token gave up some gains to trade 8.6% higher at 11 a.m.

Twitter's traditional bird icon was booted and replaced with an image of a Shiba Inu, an apparent nod to do...

Bitcoin is struggling to muster strength for a push above US$28k today, but at least Dogecoin is still running hot, thanks to Elon Musk.

Twitter changed its homepage icon to the doge meme photo, sending dogecoin up in value. Meanwhile, Musk seeks to dismiss a related lawsuit.