{"id":15218,"date":"2023-04-04T11:52:18","date_gmt":"2023-04-04T11:52:18","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=15218"},"modified":"2023-04-04T11:52:18","modified_gmt":"2023-04-04T11:52:18","slug":"elon-musk-changed-twitter-logo-to-dogecoin-but-why","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/technology\/elon-musk-changed-twitter-logo-to-dogecoin-but-why\/","title":{"rendered":"Elon Musk changed Twitter logo to Dogecoin but why?"},"content":{"rendered":"<p><a href=\"https:\/\/twitter.com\/elonmusk\">Elon Musk<\/a> changed Twitter logo to Dogecoin but why? On Monday, the well-known Twitter bird icon above the home button was suddenly changed with the &#8220;doge&#8221; of the cryptocurrency Dogecoin on the website version of the social network.<\/p>\n<p>The Twitter mobile apps reportedly remained the same. The Shiba Inu doge appears as the emblem of the Dogecoin blockchain and cryptocurrency, which was created in 2013 as a joke to mock other cryptocurrencies like Bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/wmN5WxUhfQ\">pic.twitter.com\/wmN5WxUhfQ<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1642962756906418176?ref_src=twsrc%5Etfw\">April 3, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>Why is Dogecoin going up today?<\/strong><\/p>\n<p>Musk, who paid $44 billion to acquire Twitter last autumn, is a well-known superfan of the Doge meme and has pushed Dogecoin on Twitter and while presenting &#8220;Saturday Night Live&#8221; last year. The price of Dogecoin increased by more than 30% on Monday following the modification to Twitter&#8217;s online logo.<\/p>\n<p>The new Twitter logo is not the only incident that pushed the price of cryptocurrency. The price of Dogecoin also soared a few weeks ago when Musk posted an image of the dog and labelled him the new CEO of Twitter.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The new CEO of Twitter is amazing <a href=\"https:\/\/t.co\/yBqWFUDIQH\">pic.twitter.com\/yBqWFUDIQH<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1625695877326340102?ref_src=twsrc%5Etfw\">February 15, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>Reason behind Dogecoin Twitter logo<\/strong><\/p>\n<p>When explaining the thought behind the Doge logo change on Twitter, the second-richest man on the planet tweeted a screenshot of a conversation he had with a Twitter user. The chat was with someone named @WSBChairman and dated back to March 2022. He captioned the photo: &#8220;As promised.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As promised <a href=\"https:\/\/t.co\/Jc1TnAqxAV\">pic.twitter.com\/Jc1TnAqxAV<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1642976364080041984?ref_src=twsrc%5Etfw\">April 3, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Before acquiring the social media platform, the billionaire tweeted in March 2022: \u201cGiven that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?&#8221;<\/p>\n<p>The aforementioned Twitter user suggested Musk buys Twitter instead and changes the logo to a doge.<\/p>\n<p>&#8220;Haha that would be sickkk,&#8221; Musk had responded.<\/p>\n<p>Here is what was not intended to be humorous: A lawsuit charging Musk of engaging in racketeering by supporting Dogecoin was filed in the Southern District of New York&#8217;s US District Court in June 2022. According to a report from Reuters, Musk&#8217;s legal team submitted a move on Friday, March 31, to have the lawsuit dismissed.<\/p>\n<p>The plaintiffs who filed a lawsuit against Musk, claiming a staggering $258 billion in damages, mentioned his hosting role on &#8220;SNL,&#8221; when he played a fictitious financial expert who referred to Dogecoin as a &#8220;hustle,&#8221; among other things.<\/p>\n<p>The plaintiffs in action have not demonstrated how Musk&#8217;s statements in favour of Dogecoin deceived anyone, nor have they described the risks Musk is said to have concealed from investors, according to the brief by Musk&#8217;s lawyers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk changed Twitter logo to Dogecoin but why? On Monday, the well-known Twitter bird icon above the home button was suddenly changed with the &#8220;doge&#8221; of the cryptocurrency Dogecoin on the website version of the social network. The Twitter mobile apps reportedly remained the same. The Shiba Inu doge appears as the emblem of [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":15222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,3],"tags":[6673,875,181],"class_list":["post-15218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","category-world","tag-elon-musk","tag-usa","tag-washington"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/15218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=15218"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/15218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/15222"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=15218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=15218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=15218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}