Twitter Changes Logo to Doge: Elon Musk Pushes Memecoin Up 20%

On Monday, April 3rd, Twitter made a major change to its web and mobile browser logo. The iconic bird logo was replaced by the popular Doge meme, the icon used by the infamous Dogecoin. This change has been met with confusion and speculation on the social media platform now owned by Elon Musk.

The Shiba Inu dog, which is commonly associated with Dogecoin, is now featured prominently on Twitter's homepage. This move comes as a surprise to many users across the globe who have reported the sudden switch from Twitter's 17-year-old “bird” logo.

Dogecoin rose over 30% after Twitter changed its logo to an image of a shiba inu dog, the digital coin's symbol. The 51-year-old CEO of Twitter has been vocal about his support for Dogecoin in recent months and this latest move appears to be another endorsement of the cryptocurrency.

This isn't the first time that Twitter has changed its logo since it was founded in 2006. Over the years, they have completely changed their color palette from green to a light aquamarine and added various other design elements such as stars and speech bubbles. However, this is one of the most drastic changes they have made yet and it has certainly caused quite a stir among users.

It remains to be seen what impact this move will have on Dogecoin's price in the long term but for now it looks like Elon Musk's influence is still strong enough to push up prices significantly even with just a simple tweet or website update.