Before Twitter was X and had an X logo, it had that famous blue bird logo. But, in April 2023, Elon Musk briefly changed that bird logo to a picture of a Shiba Inu, which is a dog breed from Japan. Why did he do that?
It may be, because it's, also, the picture that represents the Dogecoin cryptocurrency, which Musk seems to be a fan of. Wait, what's Dogecoin? Just regular crypto?
Well, what do you get when you combine Internet memes and cryptocurrency? You get memecoins, which Dogecoin is. In some ways, memecoins, like Dogecoin, started as a parody, but seemed to gain a massive following, almost being like a digital expression of creativity. They are said to have playful or humorous branding inspired by memes, with their value mostly being influenced by social media trends, online communities and celebrity endorsements.