Dogecoin, Shiba Inu prices surge after Elon Musk changes Twitter logo

On Monday, Elon Musk, the owner and Chief Executive Officer of Twitter, changed the logo of the social media platform to a logo of the Shiba Inu dog covered with the letter ‘D’, which is used as a symbol of Doge.

Musk changed the Twitter logo a year after he asked on Twitter, “Is a new platform needed” on March 26, 2022, and Twitter user, @WSBChairman, asked him to buy Twitter and change the logo to Doge.

After making the change on Monday, Musk said: “As promised.” This decision is one of many backing Musk has publicly given Dogecoin, which is one of Musk’s preferable crypto after Bitcoin.