The world’s richest man and some-time Saturday Night Live guest Elon Musk has once again tweeted about his favorite canine-themed cryptocurrency Dogecoin (DOGE). This time, Musk said he wanted to become DOGE’s fake CEO — but he ended up being picked for a different post.
Musk Named Dogecoin’s Fake Chairman
It all started when Dogecoin co-creator Billy Markus posted tweets saying meme Twitter handle Greg’s term as fake dogecoin CEO had ended and he will soon announce who will be the next fake CEO of dogecoin. Musk responded with an enthusiastic “Me!”.
The Tesla/SpaceX founder further noted that Floki, his Shiba Inu puppy, would be a great fake CEO as well owing to the pet’s judgment. The famous dog featured on the original Dogecoin meme, Kabosu, was ultimately declared the new fake chief executive by Markus.
As for Musk, he has been named the new fake Chairman of the Dogecoin board, while Floki got the position of fake president of Dogecoin.
Notably, Musk was appointed Dogecoin CEO back in April 2019 by the Crypto Twitter community as an April Fools’ day joke. Musk won a Twitter poll conducted by the Dogecoin Twitter account with 54% votes. The poll also included Ethereum co-creator Vitalik Buterin, Litecoin founder Charlie Lee and Metal CEO Marshall Hayner.
DOGE: “The People’s Crypto”
Musk has a well-documented and established history with the meme coin godfather. Besides his Twitter musings, the Doge proselytizer is also working closely with the crypto’s developers to improve the protocol and “beat bitcoin hands down”.
Early last week, the multi-billionaire said he personally owned bitcoin, ethereum, and Dogecoin — debunking theories he owned meme coin competitor Shiba Inu, branded the “Dogecoin killer”.
Perhaps even more interesting, Musk revealed at around the same time the reason why he chose to support Dogecoin, noting that employees at his EV maker Tesla and his space exploration company SpaceX own Doge. “They aren’t financial experts or Silicon Valley technologists. That’s why I decided to support Doge — it felt like the people’s crypto,” he summarized.
Most recently, Musk made a proposal to allow tuition for a new university he is mulling setting up called the Texas Institute of Technology & Science (TITS) to be paid in Dogecoin.
