April Fools’ Day lasted longer than usual this year, as Dogecoin managed to spin a one-off joke into a real endorsement from Elon Musk. It all started on Monday when Dogecoin ran a joke election that asked its users to choose which high-profile figure they wanted to elect as Dogecoin’s new CEO.
The supposed candidates included Ethereum creator Vitalik Buterin, Litecoin creator Charlie Lee, and MetalPay CEO Marshall Hayner. However, Elon Musk of Tesla and SpaceX fame won by a landslide. 54% of users voted for Musk as CEO, and Musk himself decided to play along with the joke.
CEO For a Day
Musk acknowledged the April Fools’ Day joke by changing his Twitter profile to read “CEO of Dogecoin,” and, later, “former CEO of Dogecoin.” None of this is true—Dogecoin has neither a CEO nor a company behind it—but Musk’s enthusiasm for the coin seems to be real. He even tweeted “dogecoin rulz” and stated that Dogecoin is his “fav cryptocurrency.”
In fact, Musk has been aware of Dogecoin for some time now. Last…