In a stunning and unexpected move, social media giant Twitter has replaced its iconic bird logo with the face of the beloved Shiba Inu dog, known as Doge, from the popular cryptocurrency Dogecoin. The announcement, which came early this morning, has already had a significant impact on the market, as Dogecoin’s value surged within hours of the news breaking.
The decision to replace the bird logo, which has been synonymous with Twitter since its inception in 2006, has caught users and investors by surprise. However, the move is being widely embraced by the Dogecoin community, who see it as a strong endorsement of their favorite digital currency.
Dogecoin, which started as a joke in 2013, has gained a massive following over the past few years, bolstered by high-profile endorsements from celebrities like current Twitter CEO Elon Musk. The switch to the Doge mascot on Twitter has fueled speculation that Musk may have had a hand in the decision, but there has been no confirmation from either Twitter or Musk.
Since the announcement, Dogecoin’s value has skyrocketed by over 25%, with the price currently sitting at $0.42. This surge has further cemented Dogecoin’s position as one of the top ten cryptocurrencies by market capitalization.
However, not everyone is pleased with the change. Some Twitter users have voiced concerns that the adoption of the Doge logo may signal a shift in the platform’s focus, potentially alienating users who are not interested in cryptocurrency. Others argue that the move is simply a marketing ploy to capitalize on Dogecoin’s popularity.
Regardless of the motivations behind the change, one thing is certain: the face of the Doge has become an instantly recognizable symbol across the internet, and its adoption by Twitter has only served to strengthen its cultural significance.