Altcoins Cryptocurrency

Elon Musk Reveals Preference For Dogecoin (DOGE) As Coin Scouts For CEO

Dogecoin

Lovers of the meme cryptocurrency, Dogecoin (DOGE), have begun to wallow in success that the dark days of the crypto graphic project might be disappearing as the world renowned founder of Tesla Motors, Elon Musk disclosed that Dogecoin is his favorite cryptocurrency.

The ultra-rich entrepreneur in a statement preceded by who is best fit to become the next CEO of the blockchain network, made this disclosure, signaling he may soon enter the cryptocurrency space.

In the late hours of yesterday, Dogecoin launched an update on twitter that it needs a CEO for the cryptocurrency project, and it’s therefore looking for a reputable individual who will lead the project to the future.

The update also contained a poll asking community members to vote the most suitable person amongst; Vitalik Buterin, Charlie Lee, Elon Musk and Marshall Hayner.

As the poll continues with no actual person as the winner, Tom Heats, the founder and CEO of Lunar Project, a firm using blockchain to prevent global warming by storing carbon credit, revealed the temporal result of the ongoing poll with indication that Elon Musk is championing the poll.

Also the founder of Space X, Musk, pulled 49% while Marshall Hayner, the CEO of Metal Payment, seconded it with 33%, as Vitalik Buterin and Charlie Lee only attracted 9% and 8% respectively.

elon musk dogecoin on lead

Furthermore, Musk replied the CEO of Lunar, with an assertion but failed to declare his interest in becoming the CEO of the blockchain project.

With much cautiousness in his reply, Musk said “Dogecoin might be my fav cryptocurrency. It’s pretty cool.”

For so long Elong Musk has been a great figure admired by lovers of the cryptocurrency. However, Vitalik Buterin and Charlie Lee insignificant result in the poll might have been underpinned by the fact that people are wary of their commitment to their respective projects.

Founder Jackson Palmer Forsakes The Dogecoin (DOGE)

Previously, Today’s Gazette reported that the founder of Dogecoin (DOGE), Jackson Palmer, said he does not own any portion of the cryptocurrency, thus underrated the prospect of the project.

An enthusiast of Dogecoin condemned Palmar for his words, and the quitting founder replied that he does not have any value to add to the project.

Palmar, in an alike statement, disclosed to Coindesk that the crypto space is far from progressing as poor quality startups evolve in the industry.

Palmer said:

“All in all, the cryptocurrency space increasingly feels like a bunch of white libertarian bros sitting around hoping to get rich and coming up with half-baked, buzzword-filled business ideas which often fail in an effort to try and do so.”

Disclaimer: Our writers invest in cryptocurrencies and it is possible the author of this article has investment in any of the digital currencies discussed. Some times author's presented information may be laced with opinions. Treat articles as mere information and not as financial advice.

Don’t miss any of our crypto news, Join our Telegram | Facebook | Twitter.

About the author

Khalid Lawal

Lawal Khalid is an avid entrepreneur and a peace advocator. He takes time developing expertise in journalism, and he has significant contributions at Arianna Huffington's Thrive Global, Oracle Times, Coin Gape and a host of other notable news publications.

Owing to his long time interest in innovative technology, Lawal cut into the blockchain world, and he has been unearthing meaningful investigation as well as noteworthy blockchain researches.

Khalid sits at the helm of NewsLogical.com as a full time journalist and a senior market analyst.

Email: lawal.khalid@newslogical.com

Add Comment

Click here to post a comment

Your email address will not be published. Required fields are marked *