250-billion-dollar trial: Twitter has changed its icon following the unexpected move by Elon Musk.

On April 3rd, social media giant Twitter changed its icon to the symbol of the popular meme token, DogeCoin. DogeCoin has surged over 20% in approximately an hour after Twitter changed its icon to an image of the memecoin's Shiba Inu.

The icon change put DogeCoin in the spotlight, causing its price to surge over 22% in an hour, reaching $0.09784 USD. According to cointelegraph.com, the change was implemented across the entire platform, visible to Twitter's 360 million monthly active users, as well as visitors to the platform.

Shortly after the icon change, Twitter and Tesla CEO, Elon Musk, posted the following meme on Twitter, suggesting that the change may be here to stay:

Just two days before the icon change, Elon Musk had asked a US judge to dismiss a $258 billion lawsuit brought by investors claiming that there was a pyramid scheme promoting DogeCoin. Musk's lawyers argued that "funny images" and "sending supportive words on Twitter" do not equate to fraud.