Elon Musk, the founder of Twitter and a millionaire in the technology industry, announced on Twitter that his newly purchased social media company had finally appointed a CEO.
Doge Floki is no longer in charge of Twitter, replaced by a human
In that tweet, Musk once more referred to Twitter as the “X app” (or, as he describes this “X” term, the “Everything app”). The CEO will begin in around six weeks; Musk withheld her name but revealed that she is a woman.
Musk will now serve as executive chairman and chief technology officer (CTO) for Twitter. He will be in charge of managing system, software, and product operations.
By publishing pictures of Musk that had been altered with FaceApp so that the Twitter founder seemed as a woman, the community started praising Musk on finding a CEO for the firm. Billy Markus, a co-founder of Dogecoin, was one among many who congratulated Musk.
Musk’s Shiba Inu dog named Floki after a character from the well-known “Vikings” TV series was referred to as the “former CEO” by the official account of the Floki (FLOKI) meme coin. Developers were motivated to design FLOKI currency by the fact that Musk gave this name to a Shiba Inu dog.
Musk polled the Twitter community in December to determine whether they wanted him to remain as the platform’s CEO or not. Just over 50% of those who responded chose “yes.” More than 17.5 million people participated in the survey overall. After receiving harsh criticism for many steps related to blocking accounts and links to other social media on Twitter, such as Mastodon, Musk made the decision to ask the community what they thought.
Dogecoin price goes down
Musk first declared that his “doge” will lead Twitter. As a result, the price of DOGE increased, and the public had a humorous response.
The price of the meme currency dropped by about 3% during the last day, according to statistics from CoinMarketCap, after Musk was replaced as Twitter’s CEO by a “real,” “human” figure.
