Elon Musk, who continues to be trying to find a brand new Twitter CEO, jokingly launched a canine as Twitter’s new CEO, sending the costs of Dogecoin, Shiba Inu and Floki hovering. At press time, all three meme cash noticed important value appreciation, with DOGE up 6.1%, Shiba Inu up 4.3%, and FLOKI up 39%.
“The brand new CEO of Twitter is wonderful,” Musk wrote, sharing an image of a Shiba Inu canine sitting behind a desk carrying a black sweater with the phrase CEO on it. On the desk is a contract from Twitter, the place the place “Chief Govt Officer,” the identify “Floki” and a signature within the type of a paw print could be seen.
The brand new CEO of Twitter is wonderful pic.twitter.com/yBqWFUDIQH
— Elon Musk (@elonmusk) February 15, 2023
In a follow-up tweet, Musk additionally wrote, “So a lot better than that different man,” to which Dogecoin creator Billy Markus replied, “I assume he was the one one loopy sufficient to take the job.” Musk replied to Shibetoshi Nakamoto’s remark, writing with a wink, “He’s excellent for the job.”
Elon Musk adopted up these tweets with two extra others. The primary reveals the Shiba Inu canine with obvious steadiness sheets. Musk commented: “He’s nice with numbers!” The second reveals the Twitter CEO in a Steve Jobs-like outfit, with Musk including that he has type.
He’s nice with numbers! pic.twitter.com/auv5M1stUS
— Elon Musk (@elonmusk) February 15, 2023
Will Twitter’s New CEO Be Dogecoin And Shiba Inu Pleasant?
The tweets come at a time when Elon Musk is more and more going through strain from the mainstream media for his actions and outspoken stance on free speech. In December of final 12 months, Musk stated he would step down as Twitter CEO as soon as he finds somebody who can maintain the platform “alive.”
On the time, Musk claimed that Twitter was headed towards chapter and that the brand new CEO would face a frightening activity. Nevertheless, regardless of falling promoting income, Musk just lately claimed that the corporate is not at risk as it’s “on observe to break-even.”
His current tweets may presumably point out that Musk could have discovered a successor, though that is pure hypothesis at this level. The billionaire may very well be utilizing the Shiba Inu photos as a enjoyable solution to wrap up the information earlier than an official announcement is made.
Whether or not a bias in direction of Dogecoin, Shiba Inu or Floki was a prerequisite for the job also can solely be speculated.
However it’s price noting that Musk isn’t solely pumping the value of Dogecoin together with his tweets this time, but in addition Shiba Inu and FLOKI.
The value enhance of SHIB may come from the truth that lead developer Shytoshi Kusama additionally responded to Musk’s tweet with a smiley face. In the meantime, the identify of the brand new CEO “Floki” is a welcome trigger for a rally for the meme coin group.
At press time, the Dogecoin value stood at $0.0859. A day by day shut above the 200-day EMA (blue line) may very well be a bullish sign.
Featured picture from NPR and Jaycee / Unsplash, Chart from TradingView.com
