Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!
The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.
The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask is doge coin dead?
Dogecoin's situation has nothing to do with Twitter and with Elon Musk's possible stepping down as the CEO of Twitter, why would it impact the memecoin anyway? I don't really see some reasons that will have any effects with Dogecoin. And even if Elon Musk will step down, the dogecoins future is almost certainy anyway that it will be considered dead in the upcoming year just like the situation of Shiba Inu.
Also, Elon Musk will only step down if he finds someone that will replace him. So, that also means that if he'll find someone like him or at least achieve any of his standards as his replacement.