Altcoins / Crypto News / Cryptocurrency / Dogecoin (DOGE) · November 12, 2021

Elon Musk Asks Twitter Followers to Put his Pet Dog as New CEO of Dogecoin

The effect of Elon Musk’s tweets on the cryptocurrency community has been massive. The Tesla CEO has been consistent in keeping his followers entertained and published new memes related to the meme cryptocurrencies from time to time. Recently, he has started a new Twitter discussion for the crypto community to search for the new CEO of the Dogecoin cryptocurrency.

The first response in this thread was started by Dogecoin co-founder Billy Markus. Markus posted a new joke on his Twitter account claiming the last fake CEO of Dogecoin, a meme posting account called Greg, has completed his term. He further asked for the new candidates to be appointed as the new fake CEO of the meme cryptocurrency. To this tweet, Musk responded by nominating himself.

Elon Musk Participates in Online Twitter Polls Regarding Dogecoin

The discussion for the election of new fake CEO for the meme cryptocurrency Dogecoin was not settled very easily. After nominating himself first, Tesla CEO then proceeded to point out that his pet Shiba Inu breed dog named Floki is going to be a good fit for the position. However, the Twitter crypto community kept the polls open and eventually settled on granting the position to Kabuso, who is the real dog that is featured in Doge memes.

The Tesla CEO had to console himself by settling down for the position of fake Chairperson of the Dogecoin board. On the other hand, his pet Floki was able to secure the position of the fake president of the canine meme cryptocurrency. The deciding poll that determined the final results included names like Vitalik Buterin from Ethereum, Charlie Lee from Litecoin, and Metal chief executive, Marshall Hayner.

Tesla CEO Musk has recently revealed that he has personally invested in three cryptocurrencies, namely Bitcoin, Ethereum, and Dogecoin. Due to some of his previous tweets, there was a misconception among the investors that he has also invested in Dogecoin killer, Shiba Inu token. It seems that the richest man on the planet has been trying to promote Dogecoin and accomplish the mission of beating Bitcoin in the process.

Last week, Musk told the media that the main reason that he decided to support the canine cryptocurrency is that it is the currency of the people. He arrived at this conclusion by examining the employees at Tesla and SpaceX. He further added that his employees are not financial experts of Silicon Valley. Therefore, Musk decided to show support for the canine meme cryptocurrencies. Musk is also planning to allow Dogecoin tuition payments for his new University project at the Texas Institute of Technology and Science.