For an indefinite period, the social network Twitter has changed its logo. But as often with Elon Musk, nothing is ever totally free. By taking over Dogecoin’s dog, the Tesla founder seems to be organizing a clever counterfire.
A new factie from boss Elon Musk. Since Monday April 3, and for an indefinite period, the social network Twitter has changed its logo. Finish the little blue bird and its chirps, place a dog. Should we see a sign of the atmosphere that reigns on Twitter, where exchanges often resemble the barking of a pack of rabid canids? No, this dog, of the shiba inu breed, is the symbol of a cryptocurrency, the Dogecoin.
Elon Musk, owner of Twitter for five months, preferred to laugh on the network. It’s an old photo, he posted while dogecoin prices jumped 30%… to reach 9 euro cents.
A parody of cryptocurrencies
Why this publicity stunt? As often with Elon Musk, nothing is ever free. The founder of Tesla or Space X has indeed been prosecuted since June 2022 for having, according to his accusers, contributed to artificially inflate the price of this cryptocurrency for two years. The plaintiffs claim 258 billion dollars in compensation. Thanks to this voluntary publicity stunt, Elon Musk associates especially in the search engines his name and the dogecoin Twitter. Minus the ongoing investigation.
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Far from Bitcoin (25,500 euros) or Ethereum (1,600 euros), this cryptocurrency can be bought for only a few cents, underlines BFM TV. When it was created in 2013, dogecoin was presented as a parody of more or less robust cryptocurrencies launched in the hope of replicating the success of bitcoin. He also benefited from an image of sympathy due to his modest quotation, recalls The world.