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What is up with Twitter's new icon?

Everybody was in a state of shock, confusion, and laughs when they opened Twitter today, days after April Fools, as the dubbed bird app surprisingly got a new icon, the Doge meme.

Replacing the blue bird at the top left-hand side of the screen is a Shiba Inu icon, also the logo of Dogecoin, the blockchain and cryptocurrency.

When the change was made, Twitter's new CEO Elon tweeted about fulfilling a promise. He previously talked to a Twitter user who told him to buy the app and change the logo to Doge.

But with this change comes something much more serious.

According to “Unang Balita,” Elon Musk, is currently facing a $258 million lawsuit due to the allegations he is running a pyramid scheme to support the cryptocurrency.

Reuters said the lawsuit by Dogecoin investors happened after Musk’s “innocuous and often silly tweets” about the cryptocurrency. Previously, he said, “Dogecoin Rulz” and “no highs, no lows, only Doge.”

“Investors accused Musk, the world's second-richest person according to Forbes, of deliberately driving up Dogecoin's price more than 36,000% over two years and then letting it crash,” Reuters said.

Musk asked a judge to dismiss the case.

Meanwhile, TechCrunch has reported the value of Dogecoin increased to $12.4 billion as of this writing.

This is not the first time Twitter was in disarray since Elon took over. Last year, avid users were seriously planning to move platforms in case the site shuts down.



— LA, GMA Integrated News