Sunday, December 10, 2023

Elon Musk shares real reason for new Twitter DogeCoin logo – and yes, it’s a dumb joke.

Twitter users were confused to see that the dog meme logo used by the DogeCoin cryptocurrency had replaced the popular bird logo.

Internet detectives were on high alert, trying to determine the cause. A hack, perhaps? A dissatisfied worker?

It’s just Elon Musk, Twitter’s CEO, playing a funny joke on a user with the username @WSBChairman that dates back at least a year. They laughed briefly over the idea that Musk should “simply purchase Twitter… and alter the bird logo to a Doge.”

Musk responded with, “Haha, that would be sickkk,” and you knew he meant it because of the multiple ‘k’s in the word.

In March of 2022, a full month before his contentious debut on the social media network and seven months before he would complete the site purchase, he made this statement.

After just over a year in charge of Twitter, Musk has finally delivered the ultimate online in-joke at the cost of $43 billion and the jobs of several thousand employees.

He then tweeted, in the form of a Soviet propaganda poster, “Seize the memes of production” a few hours later.

Although Musk is embroiled in a legal battle with DogeCoin users who say he has been “pumping and dumping” the currency, the timing of this latest exhibition of edge lord humour is likely, not coincidental.

This week, Musk urged a judge to dismiss a $258 billion (!) racketeering lawsuit that accused him of using a pyramid scheme to promote the DogeCoin cryptocurrency. The lawsuit by DogeCoin investors was deemed a “fanciful work of fiction” by Elon Musk’s legal team.

Investors claimed that Musk artificially inflated the price of DogeCoin by over 36,000% before allowing it to plummet.

Elon Musk has been a prominent proponent of DogeCoin and other cryptocurrencies, frequently sharing positive posts and jokes about them. But, in an SNL sketch, Musk portrayed DogeCoin as a scam perpetrated by a fictional character.

Cryptured Team
Cryptured Team
The writers team at is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

Most Popular