Twitter makes unexplained logo change to Dogecoin cryptocurrency image

In typical Musk fashion, he eventually tweeted a meme noting the change, and followed up with the closest to an explanation he has proffered: a callback to a joke a follower made in March 2022 suggesting that he should buy Twitter and replace the logo with Doge.

Others wondered if it was an effort to flood out news of a court case against Musk. The change came just days after Musk petitioned a court in the US to dismiss a lawsuit filed against him by Dogecoin investors for $258bn over an alleged pyramid scheme.

Reuters reported in June last year that according to the complaint, the plaintiffs claim Musk knew that since 2019 the cryptocurrency had no value, but promoted Dogecoin to profit from its trading.

The value of Dogecoin jumped last year after Musk announced Tesla merchandise could be bought using it.