Elon Musk switches Twitter logo after requesting dismissal of Dogecoin lawsuit: Bird in, Doge out
The price of Dogecoin has surged up to 20% after Twitter used the token’s mascot as their logo on April 4th. Users were greeted with the Shiba Inu logo instead of the Twitter bird logo. The price of the meme coin has increased up to $0.092, which is its highest price in more than a month. This surge came after several lawsuits were filed in response to Elon Musk’s tweets on Twitter, accusing him of deliberately pushing Dogecoin’s price over 36,000% over two years and then letting it crash. Musk’s lawyers responded to this allegation, stating that the investors never explained how Musk intended to defraud anyone or what risks he veiled, and that his statements were too vague to back a fraud claim.
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