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  • Citing a conversation from March 2022, Elon Musk claims to have delivered the promise of changing the Twitter logo to a Doge picture.
  • The DOGE price shot up by 30% in the hope that it would one day become the currency of Twitter.

Twitter’s new owner and billionaire Elon Musk surprised everyone on Monday, April 3, by changing Twitter’s blue bird logo to the Shiba Inu “Doge” meme. With this single move, Elon Musk took the entire Dogecoin community by storm resulting in a massive price rally for the DOGE cryptocurrency.

Thus, Twitter’s home button which was previously the blue bird logo now hosts the image of Shiba Inu “doge” meme. The Doge image is the well-known logo of the Dogecoin blockchain launched back in 2013 along with the native cryptocurrency DOGE.

Besides, Twitter CEO Elon Musk also shared a screenshot of his conversation dating back to March 26, 2022, with an anonymous user dubbed Chairman. In the conversation, the user suggested Elon Musk buy Twitter and change the bird logo to a Doge meme. Back then Musk responded: “Haha that would be sickkk”. Well, living up to his promise, Musk did the same on Monday. April 3.

Interestingly, Musk also shared a hilarious tweet wherein the Doge meme is showing his ID proof to a traffic police officer, who seems to be checking his driving license, adding that his photo has been changed.

The change of the Twitter logo comes just at a time when Twitter began changing its verification system. Accounts with so-called legacy verification and the ones that didn’t pay for Twitter subscription services, like The New York Times, saw their check marks removed.

Elon Musk and His Love for Dogecoin

As we know, the world’s second richest man Elon Musk is a long-time proponent of Dogecoin. In fact, Musk has never missed a chance to promote Dogecoin whenever it suited him. Back in 2021, Musk also announced that his electric car company Tesla would accept DOGE payments against merchandise sales.

From time to time, Musk has also shared his input in making the Dogecoin ecosystem better. At one point, the billionaire also added that he would prefer the Dogecoin blockchain for daily crypto settlements over the Bitcoin blockchain.

Ever since Elon Musk acquired Twitter in October 2022, the Dogecoin community is hopeful that he would integrate DOGE payments into Twitter. Many also believe that Dogecoin could become the currency of Twitter in the future. Although Musk hasn’t said when it would happen, he hasn’t denied it as well.

However, Musk’s support for Dogecoin has also landed him in trouble. Last week on March 31st, Reuters reported that Musk requested the US judge to dump the $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support Dogecoin.

Dogecoin Price Jumps 30%

Soon after Elon Musk replaced the Twitter blue logo with the Doge picture, the Dogecoin (DOGE) price rallied by a massive 30% moving all the way to $0.10. With this, DOGE has extended its 2023 gains to more than 80%.

Along with Dogecoin, the second largest memecoin Shiba Inu has also registered gains more than 5% in the last 24 hours.

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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He is continually engaged in a learning process, keeping himself motivated by sharing his acquired knowledge. In his free time, he enjoys reading thriller fiction novels and occasionally explores his culinary skills. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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