Key Point: Following the results of the vote, Elon Musk will step down as CEO of Twitter.
As soon as the proper CEO is found, the Twitter leader will depart.
Following this announcement, DOGE's price falls by more than 10%.
Elon Musk was able to resign as CEO of Twitter as a result of the vote that he himself initiated. Supporters of Dogecoin immediately decreased the price of this coin meme by almost 10% when the information was confirmed.
On December 19, Twitter's owner and billionaire Elon Musk ran a poll asking users whether they thought he should step down as the service's leader. He also instructed users to follow the poll's results.
Notably, the vote received more than 17.5 million votes by the time it finished on December 19 in the evening, 57.5% of which supported Mr. Elon Musk's resignation request.
This outcome also appears to be a reflection of users' dissatisfaction over Twitter's new rule prohibiting users from linking to other social networks in their profiles. Users claim that it clearly infringes on everyone's right to free speech, something Elon Musk has claimed to prioritize since assuming control of Twitter.
Following the results of the vote, Mr. Elon Musk openly stated that he is willing to leave his position as Twitter's CEO and take over the leadership of the software and servers teams, but only if he has found a suitable replacement.
The price of DOGE dropped by over 10% as soon as the vote was posted. This is seen as the meme coin's reply to its ardent devotees. As of this moment, the price of DOGE has dropped by 2.81% over the last 24 hours. Right now, it costs $0.07269.
