![Elon Musk likely to resign as Twitter poll votes 57.5% in favor of him stepping down, DOGE falls 3%](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/08/elon-musk-twitter.jpg&w=70&h=37&q=75)
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.
![Elon Musk likely to resign as Twitter poll votes 57.5% in favor of him stepping down, DOGE falls 3%](https://cryptoslate.com/wp-content/uploads/2023/08/elon-musk-twitter-768x403.jpg)
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.
![elon resigns](https://cryptoslate.com/wp-content/uploads/2022/12/Screenshot-2022-12-19-115009.jpg)
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 ›