Elon Musk has reignited interest in Dogecoin after calling his past decision to replace the Twitter logo with the meme-inspired Doge mascot “awesome.” His comment was made in response to a tweet from X user DogeDesigner, who recalled the news about the company’s new branding in April 2023.
The viral tweet says Musk briefly put the Shiba Inu Doge image in place of Twitter’s blue bird, as the meme was also behind the creation of Dogecoin. The billionaire wrote, “That was great,” adding some laughing emojis under his new handle.
After the Dogecoin logo appeared on Twitter instead of the bird, DOGE’s price climbed by 8 percent. Within the next few hours, Dogecoin climbed another 30%. Many in the crypto space understood the Twitter logo prank hinting at Musk’s desire to add Dogecoin to Twitter months ahead of the site’s X rebrand.
Musk bought Twitter for $44 billion in October of this year. After that, he regularly affected the features of the platform, the branding it wears, and its mentions of crypto, which is constantly moving the markets. The Dogecoin Twitter logo incident is an example of one of many Musk-driven moments changing the connection between social media and cryptocurrency.
Dogecoin and Elon Musk: A Persistent Crypto Connection
Musk has not separated himself from Dogecoin. Elon Musk has often called it “the people’s crypto” and has promoted DOGE on his Twitter profile with memes, comments, and minor modifications to the platform. His recent comment has sparked chatter in Dogecoin social circles and on the crypto scene.
We also observe how Musk makes good use of memes in his strategy. It wasn’t just a prank—his logo swap led to price changes, massive interest, and chatter about the brand, showing how much culture affects digital finance.
Moreover, DOGE’s surge after the logo makeover proves again that Musk’s tweets easily move the crypto market. Even today, a tweet he sends out usually gets people chatting and excited.
Because he decided to rename Twitter to X and mention cryptos often, many think that digital assets are still a key part ahead.
Conclusion
Elon Musk’s recent praise of the 2023 Dogecoin Twitter logo prank shows his lasting impact on meme culture and cryptocurrency. Because of his support, people remain interested in and respond to changes in Dogecoin.