Elon Musk Doesn’t Stop: Dogecoin Sharing Headlines!

Tesla CEO Elon Musk made statements that surprised everyone again. Elon Musk shared on the social media platform Twitter to announce that he will be the fake CEO of Dogecoin (DOGE). This announcement comes after Billy Markus, the co-founder of the meme cryptocurrency, tweeted that he would announce who will take the position today.

Elon Musk will be the fake CEO of Dogecoin (DOGE)!

It looks like Elon Musk has volunteered to fill the senior position at DOGE. Elon Musk said that the Shiba Inu dog Floki will also do a great job. In April 2019, the Tesla boss was appointed CEO of the Dogecoin community as an April 1 joke. Elon Musk won a Twitter poll that also included Ethereum co-founder Vitalik Buterin, Litecoin inventor Charlie Lee and Metal CEO Marshall Hayner.

However, the joke went too far and the effects were huge. In early 2021, Dogecoin staged an incredible rally that launched the prank cryptocurrency to the top of the market charts. In early May, its market cap reached a staggering $90 billion. Elon Musk argued that it would be “the most ironic outcome” for a joke coin to become a viable currency:

Fate loves irony. What would be the most ironic outcome? Currency that starts out as a joke is actually becoming a real currency.

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