Twitter’s New CEO and Her Surprising Connection
Twitter’s new CEO, Linda Yaccarino, is raising eyebrows with her unexpected interest in the meme-inspired cryptocurrency, Dogecoin, and its spin-off, Shiba Inu. Yaccarino’s interest, as evidenced by her Twitter following, was unveiled after she took over the reins from her predecessor, Elon Musk.
A Step Forward in Yaccarino’s Career
Formerly the head of advertising at NBCUniversal, Yaccarino’s appointment as the CEO of Twitter was announced on Friday. While she has not publicly shared her views on cryptocurrency or its potential integration into Twitter, her apparent interest in DOGE suggests a potential alignment with Musk’s enthusiasm for the meme coin.
Elon Musk’s Ongoing Influence
Musk, still the owner of Twitter, has been a significant advocate for Dogecoin. His subtle hints at integrating it into the social media platform have not gone unnoticed. He even temporarily changed the Twitter logo to a Doge image, which led to a 20% increase in the coin’s price. Musk’s expressed desire for Twitter payments to be more open-source and accessible echoes the principles of cryptocurrency.
Dogecoin’s Market Standing
Dogecoin, despite its origin as a 2013 joke, has evolved into one of the most widely recognized and volatile cryptocurrencies. Its fan base, known as the “Doge Army,” often rallies behind Musk’s tweets and endorsements. According to CoinGecko, Dogecoin’s market cap stands just under $10 billion, earning it the #9 spot among the largest cryptocurrencies.
The Rise of Shiba Inu
Shiba Inu, branded as the “Dogecoin killer,” is another meme coin that has gained significant popularity recently. It was created in 2020 as an experiment in decentralized community building and has successfully launched its decentralized exchange platform, ShibaSwap. As of now, Shiba Inu’s market cap is over $5 billion, ranking it at #16 on CoinGecko’s market cap list.
Yaccarino’s Future Approach
While it is still unclear how Yaccarino will approach cryptocurrency as Twitter’s new leader, her affinity for Dogecoin and Shiba Inu suggests a potential openness to exploring new avenues and innovations in the crypto space. This unexpected connection may signal intriguing changes for the future of Twitter and cryptocurrency.