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    You are at:Home»News»International»Dogecoin jumps after Elon Musk replaces Twitter chook with Shiba Inu
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    Dogecoin jumps after Elon Musk replaces Twitter chook with Shiba Inu

    Papa LincBy Papa LincOctober 17, 2024No Comments2 Mins Read3 Views
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    Dogecoin jumps after Elon Musk replaces Twitter chook with Shiba Inu
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    CNN
     — 

    Twitter’s conventional chook icon was booted and changed with a picture of a Shiba Inu, an obvious nod to dogecoin, the joke cryptocurrency that CEO Elon Musk is being sued over.

    Musk addressed the change Monday afternoon, tweeting, “as promised” above a picture of a year-old dialog during which one other person steered that Musk “simply purchase Twitter” and “change the chook emblem to a doge.”

    The doge emblem appeared on the location two days after Musk requested a choose to throw out a $258 billion racketeering lawsuit accusing him of operating a pyramid scheme to assist the dogecoin, according to Reuters.

    Attorneys for Musk and Tesla referred to as the lawsuit by dogecoin investors a “fanciful work of fiction” over Musk’s “innocuous and sometimes foolish tweets.”

    It wasn’t clear whether or not the brand change was everlasting. Musk has been identified to make use of Twitter to troll each his followers and his critics.

    The value of dogecoin, which is often risky, was up greater than 20% over the previous 24 hours, to about 9 cents. It was buying and selling just below 8 cents Monday morning.

    Dogecoin was created December 6, 2013, by a pair of software program engineers — as a joke. The identify is a nod to the “doge” meme that grew to become standard a decade in the past. Its Shiba Inu mascot mimicks that meme: a canine surrounded by a bunch of Comedian Sans textual content in damaged English.





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