Multi-billionaire Elon Musk is currently letting users vote on his position as CEO at Twitter, while the Dogecoin community wonders what that might mean for DOGE.
“Should I leave the head of Twitter? he wrote on Sunday. “I will stick to the results of this poll.” Users can vote yes or no.
More than 14.3 million people have already taken part in the survey at the time of printing. It will continue until 6:00 a.m. ET, with 57% of the vote so far in favor of Musk stepping down as CEO of Twitter.
The crypto community reacts to Elon Musk’s vote
The vote is also generating buzz within the crypto community. Vitalik Buterin, mastermind behind Ethereum, paid tribute to Musk, writing, “ok I really respect that.”
ok i respect that actually
— vitalik.eth (@VitalikButerin) December 18, 2022
Bitcoin Bull Michael Saylor reference one of his own polls, in which he asked his community if Twitter had improved since the CEO of Tesla took over. Saylor turned to Musk and wrote, “82% think Twitter is better since you took over.”
The popular Wall Street Silver Twitter account Noted that currently “all liberals” are retweeting the poll. “’This is our chance to get rid of Elon!’ Without realizing that this is exactly what Elon wants. It has already chosen its CEO and is only creating news and engagement”.
Related Reading: Elon Musk Suddenly Follows Crypto Exchange OKX on Twitter, Why?
The account continues to claim that Elon will retire as chairman of the board. Musk replied to that by stating, “No one wants the job that can actually keep Twitter alive. There is no successor.
Rumors have also emerged that none other than Jared Kushner, son-in-law of Donald Trump and former senior adviser to the 45th US president, could be given the role of CEO of Twitter after the two were spotted in the Cup final. of the soccer world.
Jared Kushner reportedly met with Elon Musk to discuss his transition to the role of Twitter chief.
Now this all makes sense. pic.twitter.com/m133UYlRKU
— Prison Mitch, Great Meme Wars Vet (@MidnightMitch) December 19, 2022
Implications for Dogecoin?
Within the Dogecoin community, the outcome of the vote is likely to cause great unrest. As we know, Elon Musk is the biggest supporter of DOGE. His tweets, especially hints that Dogecoin could become a means of payment on Twitter, have given the price a massive boost in recent months.
A Musk resignation could mean Dogecoin loses its most important supporter. In this respect, the question of the role that Elon Musk will play on Twitter in the future seems to be of paramount importance. In the meantime, it’s important to know that Musk is part of the four-member Dogecoin Foundation through a representative, and will therefore likely continue to advocate for the coin even in the future.
The “Sir Doge of the Coin” Twitter account nonetheless sought clarification from the still Twitter CEO. In a tweet, the Dogecoin community member asked if the billionaire would be interested in briefly joining the community in a Twitter space “to answer a few questions, discuss memes, and chat first-hand with the community?” Nothing serious, just fun.
Things are pretty intense right now, but maybe closer to Christmas
— Elon Musk (@elonmusk) December 16, 2022
Musk responded in his usual quick manner to the request from the Dogecoin community, saying, “Things are pretty intense right now, but maybe closer to Christmas.”
As Bitcoinist previously reported, Musk had been in the headlines almost daily over the past week. Despite calls for free speech, Twitter’s new CEO suspended the accounts of journalists who allegedly violated a newly introduced anti-doxxing policy.
Shortly after, Musk backtracked after a vote on Twitter revealed a majority in favor of reinstating the accounts immediately. It also announced that it would let users vote on “major policy changes” in the future. “My apologies. This won’t happen again,” Musk wrote on Twitter.
Just yesterday, Twitter drew further criticism with another change in its policies. The company announced that it will ban its users from promoting competing online platforms in the future. The ban applies to links to Facebook, Instagram, Mastodon, and Truth Social, among others.
At press time, the price of Dogecoin (DOGE) was down 2.23%, trading at $0.773.