Twitter owner Elon Musk found a new way to celebrate April Fool’s Day
Day. Surprisingly, he changed the Twitter logo and replaced it with a dog! He may have found several logo or icon changes on well-known platforms, but this one took the crypto world by storm.
The Twitterati only had one question in mind when they logged into Twitter on April 3, 2023: why is there a dog on Twitter instead of the iconic bird?
Elon Musk stated that he wanted to protect Twitter and give people their freedom of expression while using it. He also made some changes to the subscription costs, but changing the logo was just unexpected!
Did you check your Twitter logo today?
you like the new #TwitterLogo ?#DOGE #Dogecoin #elonmusk #tile #Twitter pic.twitter.com/wftRfbgtiN
—Dr DK GUPTA (@drdkgupta) April 4, 2023
Like this Tweet, there were several others who questioned this big sudden change on Twitter. Simply put, no one saw it coming.
So if you are also among the people wondering why there is a dog on Twitter instead of a bird, then this article will provide you with everything you need to know.
Why is there a dog on my Twitter?
All things aside, “What is the dog icon on Twitter?” was the question asked by almost everyone who logged into Twitter on April 3, 2023. However, the change was just a joke from Twitter owner Elon Musk’s April Fool.
Surprisingly, Musk tweeted in March asking if netizens needed a new platform. A billionaire responded to that by asking Musk to buy Twitter and change the bird logo to a “doge.” Musk responded positively and shared a screenshot of the conversation after changing the logo.
Check out the tweet below.
as promised pic.twitter.com/Jc1TnAqxAV
— Elon Musk (@elonmusk) April 3, 2023
However, the dog used for the logo is not just any dog. So let’s find out what it stands for.
What does the new dog logo mean?
Musk, who has been a part of the internet meme community, used the Shiba Inu dog to replace Twitter’s iconic bird logo. The Shiba Inu dog is also an internet meme that goes by the name “Doge”.
The “Doge” (pronounced “dohj”) is an internet meme sensation popular among members since 2010. Being a part of various jokes and memes, the Doge meme was commonly used on platforms like Reddit and 4Chan.
Furthermore, Doge is also popular in the cryptocurrency world as Dogecoin.
What is Dogecoin?
Dogecoin entered the world of cryptocurrencies to make fun of Bitcoin and other cryptocurrencies. Dogecoin creators used the meme to represent their cryptocurrency and to push other cryptocurrencies with high value and demand. Despite Dogecoin resembling a meme, it had the highest market capitalization of $88.8 billion in 2021.
Now, you might be thinking about the connection between Dogecoin and Elon Musk. You can find various events by looking through the old tweets on Twitter in which Musk promoted Dogecoin.
So it could be the answer to why the Twitter logo is doge. You can skip to the next section for more details.
Why Elon Musk chose Doge as the Twitter logo?
Since many people use Twitter, most of them were surprised to see a dog on Twitter as their logo. So why would Musk choose the Doge out of all the available options?
Dogecoin was launched in 2013, and in 2019, Elon Musk declared that it is his favorite cryptocurrency. Thanks to Musk’s popularity, Dogecoin’s capitalization began to reach dizzying heights. Elon Musk’s acquisition of Twitter is still a debate, but Dogecoin and Elon Musk continue to top the news.
You can take a look at the table below for the turn of events regarding Dogecoin and Elon Musk:
Year | Event |
2013 | Dogecoin was launched. |
2019 | Musk tweeted about Dogecoin. |
2021 | Dogecoin exceeds 70 cents. |
2021 | Musk promised to take Dogecoin to the Moon. |
2021 | SpaceX planned a mission to the Moon financed by Dogecoin. |
2021 | Tesla and SpaceX started accepting Dogecoin. |
For those wondering why Twitter puts a dog on its logo, it could be one of the owner’s strategies to promote cryptocurrency.
The lawsuit against Elon Musk
According to The Guardian, in 2022, a crypto investor in New York accused Elon Musk of insider trading and sued him for $258 billion. The investor claimed that Musk manipulated the Dogecoin cryptocurrency several times, for which he suffered heavy losses.
The investor claimed that Musk has been tweeting about Dogecoin, paying influencers, making a statement about Dogecoin on Saturday Night Live, and pulling off various publicity stunts to promote the Dogecoin cryptocurrency.
This also includes the fact that Dogecoin’s price increased by 30% when Musk replaced it with the Twitter logo. Additionally, Musk sold around $124 million worth of Dogecoin during that period.
However, Musk’s lawyer denied all the claims and his statements were too vague to manipulate a cryptocurrency. So, the court case is in progress with a verdict pending.
Additionally, Twitter brought back its original logo two days later, with Musk claiming it was an April Fools’ prank. We can also expect Musk to make more changes on Twitter, as the SpaceX owner has already introduced a few things lately.
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Categories: Technology
Source: SCHOOL TRANG DAI