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?
In my opinion, Elon Musk's resignation as CEO of Twitter will not affect the price of Dogecoin, let alone cause Dogecoin to lose market value or die. I don't think that's the reason for Eln Musk's departure from CEO Twitter. which is the reason Elon musk resigned from CEO twitter because of the bad conditions that are currently hitting one of his companies, TESLA.
thus I think the price of doge coin will be as usual in the crypto market, dogecoin will continue to live in the market