After Elon Musk announced that he will be hiring a Chief Executive in approximately 6 weeks to take over the reigns at his newly acquired social media company, Twitter, the crypto community began celebrating. Everyone wished him luck for finding someone worthy for the role, and envisioned many potential improvements the new hire could bring to the platform. Musk himself responded to the congratulations, revealing that the new CEO is a woman, but not giving away any other details. On the other hand, Dogecoin co-founder Billy Markus also found his way into the conversation and questioned Musk as to what will become of the 'former CEO', his own Shiba Inu puppy named Floki.

In December 2020, Musk had launched a Twitter poll asking people if he should step down as the CEO or not. While the majority of people voted 'yes', Musk decided to stick around and accomplished his promise of getting a 'real' CEO to lead Twitter instead. Even though it was a moment of joy for the community, the news about this marked a dip for the Dogecoin price, as the meme cryptocoin dropped by nearly 3 percent within a day.

At this point, nothing is known about the new CEO that Musk hired for Twitter. But, with the way this exciting development is going, it appears to open the doors for a lot of innovative ideas that the crypto world has been asking for. Twitter is one of the most prominent and powerful voices online and the new CEO can take the platform to a whole new level, both in terms of innovation and user experience. It is still far too early to make assumptions, but the crypto industry is keeping an eye out for the positive changes that will surely come striding in.



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