Linda Yaccarino, the brand new CEO of Twitter, has a stunning connection to Dogecoin, the meme-inspired cryptocurrency championed by her predecessor, Elon Musk.
In keeping with her Twitter profile, Yaccarino follows a number of accounts associated to Dogecoin and its spin-off, Shiba Inu (SHIB), together with the official accounts of each cash and a few of their outstanding builders and supporters.
Yaccarino, beforehand the top of promoting at NBCUniversal, was introduced as Musk’s substitute on Friday.
She has not publicly commented on her views on crypto or the way it would possibly match into Twitter’s plans, however her obvious curiosity in DOGE means that she might share a few of Musk’s enthusiasm for the meme coin.
Musk, who stays the proprietor of Twitter, has been a vocal advocate for Dogecoin and has usually hinted at integrating it into the social media platform. Final month, he briefly modified the Twitter emblem to a Doge picture, which boosted the coin’s worth by 20%.
He has additionally expressed his want to make Twitter funds extra accessible and open-source, which aligns with among the core rules of crypto.
Has Dogecoin gained a brand new good friend?
Dogecoin, which began as a joke in 2013, has change into probably the most standard and risky cryptocurrencies. It has a loyal fan base that calls itself the “Doge Military” and infrequently rallies behind Musk’s tweets and endorsements.
Per CoinGecko, the meme coin’s market cap is at the moment shy of $10 billion, rating it at #9 on the listing of largest cryptocurrencies.
Shiba Inu, created in 2020 as a “Dogecoin killer,” is one other meme coin that has gained reputation and a focus in latest months. It claims to be an experiment in decentralized group constructing and has launched its decentralized change platform known as ShibaSwap.
Shiba Inu’s market cap is at the moment over $5 billion, inserting it at #16 on CoinGecko’s market cap ranking.
Whereas it stays to be seen how Yaccarino will strategy crypto as the brand new chief of Twitter, her obvious affinity for Dogecoin and Shiba Inu might point out that she is open to exploring new potentialities and improvements within the area.