Elon Musk likely to resign as Twitter poll votes 57.5% in favor of him stepping down, DOGE falls 3% News ▸ US ▸ Bitcoin · Dogecoin ▸ Enterprise
Elon Musk likely to resign as Twitter poll votes 57.5% in favor of him stepping down, DOGE falls 3%
Elon Musk's Twitter poll has ended with 57.5% voting yes and 42.5% voting no. Musk has yet to confirm the results and officially step down.
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Updated: Aug. 19, 2023 at 3:56 pm UTC
Daniel Oberhaus (2018) / CC BY 2.0 / Flickr. Remixed by CryptoSlate
The Twitter poll posted by Elon Musk on Sunday evening has ended with the final results showing 57.6% of voters in favor of Musk resigning from his position. Musk stated that he would “abide by the results of this poll” and thus, onlookers are awaiting his next announcement.
Candidates have already thrown their hats into the ring to take over but Musk has claimed that he is struggling to find a suitable candidate that is willing to take the role.
Since the poll went live, Musk-friendly crypto project DogeCoin has fallen roughly 3% as hopes of the token taking a lead role in Twitter’s future evaporate.
While the overall crypto market is also down slightly, DOGE also fell around 3% against Bitcoin over the same period, indicating weakness outside of the general market sentiment.
Dogecoin Market Data
At the time of press 3:56 pm UTC on Aug. 19, 2023, Dogecoin is ranked #8 by market cap and the price is up 0.86% over the past 24 hours. Dogecoin has a market capitalization of $8.92 billion with a 24-hour trading volume of $333.57 million. Learn more about Dogecoin ›
Crypto Market Summary
At the time of press 3:56 pm UTC on Aug. 19, 2023, the total crypto market is valued at at $1.05 trillion with a 24-hour volume of $32.34 billion. Bitcoin dominance is currently at 48.09%. Learn more about the crypto market ›
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Author 
Liam 'Akiba' Wright
Also known as "Akiba," Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change.
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Dogecoin is a cryptocurrency created in December 2013 as a joke by software engineers Billy Markus and Jackson Palmer.
South African-born Elon Musk has founded several companies, including X.com (which later became PayPal), SpaceX and Tesla Motors.