Nearly 24 hours after Twitter changed its blue bird logo to a badly cut image of a dog meme made famous by cryptocurrencies, the company’s billionaire owner, Elon Muskhas yet to provide an explanation or rationale for this change.
On Monday US time, users noted that the blue bird logo on Twitter’s homepage and loading screen had been replaced with the shiba inu image associated with the Dogecoin cryptocurrency. memecoin. For hours, neither Twitter neither Musk even acknowledged the change.
Adding to the confusion, a seemingly unrelated bug appeared at the same time, one of a growing number in Twitter’s user interface, which removed the ability to tell which tweets had been retweeted on your timeline.
In typical Musk fashion, he eventually tweeted a meme noting the change, and followed up with the closest explanation he offered: a reminder of a joke a follower made in March 2022 suggesting he buy Twitter and replace the logo with Doge.
The official Dogecoin account tweeted in response: “Very monetary. Wow. Lots of parts. How money. So Crypto. An email requesting comment from Twitter’s press office received only the autoresponder, a single poo emoji, that was enough for Twitter’s PR operation since the end of March.
Some users speculated that it was an April Fool’s Day gag that the company was unable to deliver in time on April 1st.
Others wondered if this was an effort to flood news of a lawsuit against Musk. The change came just days after Musk asked a US court to dismiss a lawsuit brought against him by Dogecoin investors for $258 billion over an alleged pyramid scheme.
Reuters reported in June last year According to the complaint, the plaintiffs claim that Musk knew that since 2019 the cryptocurrency had no value, but encouraged Dogecoin to profit from his trade.
“Musk used his pedestal as the richest man in the world to exploit and manipulate the Dogecoin pyramid scheme for profit, exposure and amusement,” the complaint allegedly stated.
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The plaintiffs allegedly complained that the sale of Dogecoin began when Musk appeared on Saturday Night Live and called Dogecoin a “hustle” in a segment.
Lawyers for Musk and Tesla called the lawsuit’s claims a “work of fanciful fiction” about Musk’s “harmless and often silly tweets” about Dogecoin.
THE Dogecoin’s value jumped last year after Musk announced that Tesla merchandise could be purchased using it.
During Twitter’s logo change, Dogecoin’s value jumped from $0.079 to $0.094, the currency’s highest value since November last year.
Twitter is now worth less than $20 billion, according to a leaked internal memo, less than half of what Musk paid six months ago. Despite promising to remove old blue ticks for verified users starting April 1, the site has so far only removed the tick from the main New York Times Twitter account.