Dogecoin & Floki pump rapidly as Elon Musk announced new Twitter CEO
Dogecoin & Floki coins surged 6% & 40% respectively as Tesla CEO announced the new CEO for the giant social media platform Twitter.
Elon Musk is the top richest person in the world and also he is the CEO of many big multinational companies like Tesla, SpaceX, Twitter, etc. Musk is a fan of Dogecoin and he owns a dog named Floki. A few people minted Floki inu token on the BSC network in 2021 with the name of Musk’s pet.
The current trade price of the Floki inu token is 39.4% higher than the last 24 hours’ trade price.
And the current trade price of Dogecoin is $0.085 & this trade price is 5.4% high over the last 24 hours’ trade price. The sudden increment in the price curve can be seen in the Doge price graph.
This sudden increment in the price of these two assets took place because of the latest tweet by the Tesla CEO. Musk tweeted an image of a Doge sitting on a chair and he said that it is much better than others in numbers as a new Twitter CEO.
Twitter & CEO
After the Twitter acquisition as a private company for $44 billion, Musk became Twitter CEO. Under the leadership of Musk, Twitter introduced many changes in the Twitter ecosystem to make it a user- friendly social media platform.
Despite the better decisions in favour of Twitter users, many people criticised Musk and said that Musk should leave his CEO role from the company.
Musk also tweeted a poll to figure out whether he should step down from the Twitter CEO role or not. Through the poll results, he came to know that people want him to leave his CEO position.
On 21 Dec 2022, Musk announced that he will step down from CEO position as soon as he will find another suitable person.
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