Discover more from Risky Reads
Doge Takes Twitter By Storm
Read why Elon's jokes keep becoming reality
For three days last week, the Doge meme replaced the iconic blue bird as Twitter’s logo.
The change unleashed a flood of memes across Twitter, and once again, Doge was the talk of the town.
Let’s do a play-by-play breakdown of how the blue bird became the yellow dog, and what’s next for Dogecoin.
Last Monday afternoon, without warning, the Doge meme became Twitter’s logo.
For the next three days, dogs ruled the roost. In a stretch reminiscent of the 2021 Dogecoin Rise, Doge memes took over Twitter.
The event will go down in history: for the first time ever, a social media company made a meme into its mascot.
Here are a few highlights:
Russia’s Ministry of Foreign Affairs suggested more Twitter logo designs.
All-In Podcast’s Jason Calacanis (and potential San Fran mayoral candidate) thumbed his nose at the haters by buying more Dogecoin.
Elon also got in on the act by posting a meme of Twitter’s logo metamorphosing from bird to Doge.
News of Twitter’s change caught the attention of Fox Business reporter Susan Li, one of few Doge sympathizers in the media and foil to her perpetually Doge-skeptical colleague Stuart Varney.
The idea of making Doge the Twitter logo dates back to a March 2022 exchange between Elon and the account Wall Street Bets Chairman.
The fact that Elon followed through sets an encouraging precedent for other Dogecoin-related ideas he’s posted, including Doge payments for Twitter Blue, accepting Doge for SpaceX merch, and selling Teslas for Doge
The Titter gag traces to a now-deleted poll from last April.
Thursday afternoon, the original bird logo abruptly returned.
Titter, on the other hand, is here to say.
Sunday night, Elon posted a photo of HQ with the sign’s ‘W’ painted over.
The dust is still settling from a wild week, but the hi-jinx are perhaps the biggest indication yet that Elon is serious about integrating Dogecoin with Twitter.
The big questions now is what’s next for the bird app and the dog coin?
One possibility is to allow users to pay for Twitter Blue in Dogecoin. Elon floated that idea last April.
Blue currently operates as a monthly subscription. It’s not clear how recurring payments would work with crypto.
A solution that makes sense is for Twitter to offer a yearly bundle option to pay in Doge.
Twitter could also integrate Doge with its much anticipated Twitter Coins feature to allow tipping for content creators.
No matter what happens next, Twitter’s latest Doge dalliance is a strong signal: Elon’s jokes have a pattern of becoming reality.
So what do you think: was Twitter’s Doge logo a flash in the pan?
Or did we just witness a monumental step for the joke currency to become the real currency?
Dogey Treats: News Bites
Condom brand Durex included a Doge meme in a recent ad.
Former NFL receiver Dez Bryant tweeted a photo of his Dogecoin chain.
Ralph Lauren now accepts Dogecoin at its new Miami Design District store.
Elon tweeted a Doge joke Sunday night.
Thanks for reading! Consider sending a tip or Subscribing on Substack or Twitter to help keep the newsletter going!
Memes of the Week
It’s ALL Risky!
Thank you, kind reader, for reading and subscribing to this newsletter. I really appreciate it!
If you haven’t already, please sign up to this email newsletter for more weekly articles like this one. Also, please share it with a friend or on twitter if you enjoyed this article.
What do you think? What’s next for the yellow dog and blue bird? Let me know!
Remember, Dogecoin is risky. But then again, it’s all risky!
Follow on twitter at @itsALLrisky
Send an email to itsALLrisky@gmail.com
Send a Doge tip: DJ2zTEdHBD3guHLfVaNBaypr6bHFG5Nwfw
This article was written in collaboration with @CryptoDogDivine, give them a follow!
Don't forget to subscribe to this newsletter!
Disclaimer: This is not financial advice and I am not a financial advisor. The article above references an opinion for entertainment purposes only and it is not investment advice. Always assume that the author of the article is actively trading and that the opinions expressed may be biased towards the author’s holdings. Do your own research and consult with a licensed financial adviser before making any investment decision. Do not treat any opinion expressed in this newsletter as a specific inducement to make a particular investment. Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or cryptocurrency or to engage in any particular investment strategy. The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, cryptocurrency, or financial product does not guarantee future results or returns. Dogecoin is a speculative and highly volatile asset susceptible to pump-and-dump schemes.
At the time of publication, Dogecoin is around $0.08 per coin.