Final 12 months, in a Tweet reply, Twitter consumer @WSBChairman recommended that Elon Musk can purchase Twitter and alter the chook brand to the Shiba Inu Doge brand. One 12 months later, each of @WSBChairman‘s recommendations have materialized.
For starters, Musk acquired Twitter. So as to add to that, he’s now even modified the chook Twitter brand to the Doge brand, a nod to the cryptocurrency dogecoin.
As promised pic.twitter.com/Jc1TnAqxAV
— Elon Musk (@elonmusk) April 3, 2023
Musk has lengthy been a vocal supporter of cryptocurrency, particularly dogecoin, and infrequently feedback on crypto through his Twitter account. The present transfer comes almost a 12 months after Musk introduced that his Boring Firm would settle for dogecoin for rides within the Las Vegas loop tunnel.
It’s at present unknown if the emblem change is momentary or everlasting. No matter is perhaps the case, it didn’t fail to sway the market. After the emblem change, Doge’s market cap elevated by roughly $3.9 billion from roughly $10.645 billion to $14.545 billion. Moreover, there isn’t any strategy to inquire whether or not the change is everlasting as Musk has set Twitter’s press e mail to auto-reply with poop emoji.
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