In an unexpected turn of events, Twitter’s well-known bird logo was replaced with the internet sensation Doge, driving Dogecoin’s price value up by 22%.

The shift occurred after billionaire Elon Musk purchased the social media company for $44 billion in October 2022. Twitter users have expressed conflicting feelings about the new Doge logo.

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Some find the exchange amusing and keeping with Musk’s sense of humor. Some are wondering if the site has been hacked or if this is a late April Fool’s joke. Leo Schwartz commented on the shift as a means of diverting attention away from the continuing Twitter Blue debate.

Twitter Blue, a subscription service that allows users to purchase verified status with a blue tick, is replacing the former system that reserved blue ticks for significant accounts with “legacy accounts” required to pay a monthly charge to preserve verification.

The shift occurred after billionaire Elon Musk purchased the social media company for $44 billion in October 2022. Twitter users have expressed conflicting feelings about the new Doge logo. Some find the exchange amusing and in keeping with Musk's sense of humor. Some, though, are wondering if the site has been hacked or if this is a late April Fool's joke. Leo Schwartz commented on the shift as a means of diverting attention away from the continuing Twitter Blue debate. Twitter Blue, a subscription service that allows users to purchase verified status with a blue tick, is replacing the former system that reserved blue ticks for significant accounts, with "legacy accounts" required to pay a monthly charge to preserve verification.

Source: CoinMarketCap

Elon Musk has previously stated that the meme coin may provide superior payment capabilities than Bitcoin.

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This article was republished from azcoinnnews.com