It has been almost two months since you could read in the altcoin news that Elon Musk had taken over the social media platform Twitter. A lot of news has come out in the meantime, but by far the vast majority is led by speculation. This was also the reason why the price of dogecoin (DOGE) rose so fast after the Musk acquisition was made official.
The brand new CEO of Twitter regularly flirts with the popular meme-coin and has already regularly caused the price to rise sharply. In 2019, he already announced that dogecoin might be his favorite cryptocurrency.
Musk conducts Twitter poll
Musk posted a Twitter poll asking his 122 million followers if he should step down as head of Twitter. He indicated that he will abide by the results of the poll and so fate is in the hands of his followers. At the time of writing, a 57.5% majority indicates that Musk should step down as head of the social media platform.
Should I step down as head of Twitter? I will abide by the results of this poll.
— Elon Musk (@elonmusk) December 18, 2022
Vitalik Buterin, the founder of Ethereum (ETH), responded to the tweet of the billionaire by saying that he respects Musk letting his followers dictate his choice.
Musk had for the poll in another tweet already indicated that there is no successor ready and that “no one wants the job that can keep Twitter alive.” Also, at the time of writing, Musk has not yet commented on the result of more than 17.5 million votes.
Effect on dogecoin?
Of course, this has no effect on the popular meme coin at first. However, most DOGE fans will most likely have voted ‘no’ on Musk’s poll. The chance that the love affair between dogecoin and Musk will blossom into an actual integration on the platform may become smaller after Musk is no longer the head of Twitter. However, Musk will still own Twitter, so the CEO will have to report to him.