Twitter chief Elon Musk has restored the popular blue bird icon as the social media platform’s home button on the web version of the app after he had changed it to the “doge” meme of the Dogecoin cryptocurrency a few days back.
However, no changes to the logo were brought to effect on the mobile app, which prompted users to start flooding the platform with responses to the unexpected update as reported by ndtv.
Users have also come up with their own hilarious versions of the “doge” logo and launched a meme fest.
Brands and corporate entities also actively participated in a move to get set with the trend.
Even IPL teams joined in the fun as Delhi Capitals posted, “Apparently users are seeing animals instead of birds on their Twitter homepage.”
The billionaire had shared a screenshot of the conversation he had with a random Twitter user who requested Musk to change the logo to “doge”.
The sudden move by Elon Musk led to a surge in Dogecoin price by almost 30 per cent according to Bloomberg. However, after the Twitter logo was restored to its original form, media reports indicate an almost 10 per cent fall recorded by the meme coin.
Against the backdrop of all the lighthearted social media banter lies a more serious issue, which many users have pointed to. According to Reuters, a $258 billion lawsuit is headed to Elon Musk’s way over allegations that the Twitter CEO is facilitating a pyramid scheme to support the cryptocurrency.
Dogecoin investors have come after Musk and charged him with driving up the coin’s valuation up by 36,000 per cent over two years and then purposely letting it crash. Musk’s lawyers have argued that "There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion."