Elon Musk brings Doge to Twitter causing social media upheaval plus cryptocurrency speculation

Users immediately began speculating about Musk’s next move when they noticed what happened.

Elon Musk warned Twitter users that things were about to change, but nothing could prepare bluebird enthusiasts for what was to come. On Monday, April 3rd, the traditional Twitter logo was replaced by the Doge.

It is unclear whether this was a prank or a late April Fool’s joke, or if Elon Musk is attempting to take Twitter to the next level following the introduction of Twitter Blue and verified accounts.

Dogecoin is a cryptocurrency inspired by the internet meme of the same name, which depicts a Shiba Inu dog. It began as a joke in 2013 but has grown in popularity and value thanks to the support of celebrities, influencers, and online communities. Dogecoin is primarily used for tipping on social media, donating to charitable causes, and purchasing goods and services online. DOGE is its symbol, and it is abbreviated as DOGE.

The hypothesis of Twitter’s shift from a bird to a dog

This change has resulted in a significant increase in Dogecoin’s cryptocurrency shares. So far, Elon Musk has not provided explanations for the abrupt change, but in the past, he has expressed support for cryptocurrency, so it is too early to rule out some sort of collaboration.

Elon Musk’s impact

However, Elon Musk is not the first person to condition Dogecoin. On ‘Saturday Night Live,’ Musk stated that Dogecoin was “the future of currencies,” and that its value would go “to the moon,” but that it was still a “scam.”