Elon Musk changes the Twitter logo.. Why did the dog replace the bird? And what is Dogecoin
A large number of Twitter users saw the "dog" dog symbol instead of the blue bird logo usually used on the platform.
Some users have noticed that the home button in the top corner of their web browsers, which is usually the blue bird icon, has been replaced with a caricature of a Shiba Inu dog.
The American billionaire Elon Musk, the owner of Twitter, is one of the most important and prominent supporters of the cryptocurrency "Dogecoin", whose logo symbolizes a dog of the "Shiba Inu" breed.
And Musk posted a tweet on his Twitter account yesterday evening, in which he confirmed his fulfillment of a promise he made to one of his followers a year ago to buy the communication site and change its logo.
Musk has been a prominent supporter of cryptocurrency and, at times, has allowed people to buy certain parts of Tesla cars using cryptocurrency.
Dogecoin's value has soared since the dog's image appeared on Twitter, increasing from less than 8 cents to nearly 9 cents.
It appears that the image of Doug only appears on Twitter's web user interface, not in the apps.
The US billionaire is facing a lawsuit by investors alleging he engaged in a pyramid scheme (also known as a Ponzi scheme) by using Dogecoin, the cryptocurrency his tweets refer to, to manipulate its price, according to Reuters, and he recently filed to dismiss the lawsuit.
The reactions of tweeters and activists on Twitter varied with the change of the site's logo, and they tweeted through several hashtags in Arabic and English, including: #Dogecoin, #ElonMusk, and #Elon_Mask, between a cynic, a denunciator, and a supporter of the idea, and whoever sees it as a benefit in the midst of a crisis world order and a desire to collect as much as possible. of wealth.
Commenting on the new logo, the journalist Alberto Chan Aneros said that investors move like sheep when they lose their money, explaining that he does not invest in anything Musk owns.