Twitter Main Page Top Blue Bird Logo Replaced
"Twitter Is Failing Because of Musk" Criticism Also Raised
Elon Musk, CEO of Tesla, changed the logo of Twitter, which he acquired, to the Shiba Inu (Shiba dog), the symbol of the cryptocurrency 'Dogecoin,' causing Dogecoin to surge more than 30%.
On the 3rd (local time), according to US economic media CNBC and others, the blue bird logo that was on the top left of Twitter's main page disappeared and was replaced by an image of the Shiba dog. The Twitter loading screen was also changed from the blue bird to the Shiba dog.
The blue bird logo that was on the top left of Twitter's main page has been replaced by an image of a Shiba Inu. Elon Musk, CEO of Tesla and the new owner of Twitter, posted a picture of a Shiba Inu inside a car showing a driver's license with Twitter's iconic blue bird to a police officer, saying, "That's an old photo." [Photo by Elon Musk Twitter capture]
About an hour later, Musk posted a picture on his Twitter hinting at the logo change.
The picture shows a police officer looking at a driver's license with Twitter's symbol, the blue bird, on it. The Shiba dog sitting inside the car tells the police officer, "That's an old photo."
This is widely interpreted as implying that the Twitter symbol 'blue bird' is old, and the Shiba dog represents the current image, hinting at the possibility of a Twitter logo change.
However, Twitter has not officially announced whether it will change the logo.
Some netizens criticized, saying, "'Twitter' means 'a bird chirping,' so what if the logo is a Shiba dog?" and "Twitter is going downhill because of Musk."
Musk's 'Tweet' Sends Dogecoin to 'Mars' Again... Surges 30%
Dogecoin surged following the news of the Twitter logo change.
Dogecoin was trading at $0.77 at 5 PM on the 3rd but surged more than 30% to $0.1 at 7 PM the same day after the logo change news was announced.
Dogecoin is a cryptocurrency created by Billy Markus and Jackson Palmer, former IBM employees, symbolized by the Japanese Shiba dog, which was popular as an internet meme. The name 'Dogecoin' comes from 'Doge,' the Shiba dog meme.
Just as the Shiba dog meme was lighthearted and fun, Dogecoin was created as a cryptocurrency to satirize the cryptocurrency market craze.
Since 2021, Musk has promoted himself as the 'father of Dogecoin' and has been endorsing Dogecoin. In fact, Tesla allows payments with Dogecoin in its online shop.
In a January interview with the Financial Times (FT), he also revealed that he is designing a system to replace monetary transactions within Twitter with Dogecoin.
Because of this, Dogecoin has repeatedly surged and plummeted with a single word from Elon Musk.
'Also interpreted as preparation for a lawsuit related to Dogecoin'
Meanwhile, last year, Musk was sued for $258 billion (338.754 trillion won) on charges of manipulating Dogecoin's price to surge by 36,000%. Musk's legal team has requested dismissal, stating, "Dogecoin investors wrote science fiction based on Musk's harmless but foolish tweets."
According to the media, Musk changed Twitter's logo to the Shiba dog two days after requesting the judge in charge of the case to dismiss the lawsuit.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
