Elon Musk Replaces Twitter Logo With DOGE Meme, Dogecoin Shoots 30%

On Monday, April 3, Twitter owner and billionaire Elon Musk replaced the Twitter’s blue bird logo with the “Doge” meme of the Dogecoin cryptocurrency. This is probably the first time after Musk acquired Twitter last October, that he’s been teasing the Dogecoin community with a direct reference.

The “Doge” meme is the part of the logo of the Dogecoin blockchain and its DOGE memecoin created back in 2013. The “Doge” meme features the face of Shiba Inu. Elom Musk also shared a hilarious post on his Twitter account.

In one of his other tweets, Musk shared a screenshot of a conversation between him and an anonymous account last month on March 26, 2022. The user with the anonymous account @WBSChairman had asked Elon Musk to change the bird logo to “DOGE”.

In the reference to the same, Elon Musk shared the screenshot in a new Tweet that says “As promised”.

Just as the Twitter users noticed the Twitter home button replaced with Dogecoin, the price of the DOGE cryptocurrency surged by over 30% in an instant reaction. As of press time, DOGE is trading 29.21% up at a price of $0.10 moving one position above Cardano to becoming the seventh most-valued digital asset with a market cap of $13.854 billion.

Interestingly, the replacement of Twitter’s home button comes just at a time after Twitter began making changes to its verification system. Accounts with so-called legacy verification and that didn’t choose to opt for the Twitter Blue premium services, such as the New York Times, saw their check marks removed.

Elon Musk’s Dogecoin affair dates long back and he has been quite vocal for his support for the memecoin. At one point, Musk also started accepting Dogecoin (DOGE) payments for merchandise sales at his electric car company Tesla. In fact, Elon Musk also suggested that Dogecoin blockchain could better handle daily payments than the bitcoin blockchain.

Even since Musk has acquired Twitter, the crypto community is hoping that Musk would integrate DOGE payments to the platform. Considering Elon Musk’s love for Dogecoin, expectations are high that DOGE could be the currency of Twitter in the future.

However, Musk hasn’t spoken anything in this regard yet. Also, considering the currently regulatory scrutiny of the crypto space, it is less likely that Musk would integrate DOGE payments to Twitter anytime soon.

Last week on March 31, Musk asked the US judge to cancel a $258 billion racketeering lawsuit that accused him of running a pyramid scheme while supporting Dogecoin.