Elon Musk Recalls 2023 DOGE Logo Boosting Crypto Market

In April 2023, Elon Musk briefly replaced Twitter's logo with the Dogecoin meme, sparking an immediate 8% surge in Dogecoin's market value followed by a further 30% rally amid speculation of Dogecoin integration into the platform, now rebranded as X. Musk later reflected on this move positively, calling it "awesome," which reaffirmed his implicit support for Dogecoin within the X ecosystem. This visual change had no official announcement but was widely interpreted as a strong signal from Musk, reinforcing his influence as a catalyst in the cryptocurrency market. Separately, users of X experienced a technical glitch on May 24, 2025, where posts displayed a timestamp of January 1, 1970, linked to a global outage and a Unix epoch timestamp error, though no data loss occurred and no official explanation was provided by Musk or X. Additionally, Musk recounted his intense three-month tenure at the Department of Government Efficiency under President Trump, noting plans to reduce his governmental commitments to focus on his companies, including Tesla, which has faced recent market challenges. These events collectively illustrate Musk's ongoing impact on technology, crypto markets, and his multifaceted public role.