JUST IN: Elon Musk Has Done It Again – Shared the Much Talked Memecoin of the Last Cycle
Billionaire Elon Musk, who is familiar with the memecoin world, shared a post on X, implying an altcoin.
Elon Musk, one of the richest people in the world and also has a close relationship with the cryptocurrency market, made a post on the social media platform X that increased the volatility in the price of memecoin Peanut the Squirrel (PNUT).
In response to a UFC fighter mentioning DOGE and the famous squirrel named Peanut after a fight, Musk shared a squirrel emoji and added DOGE, the abbreviation for the department that will oversee efficiency in the new US government.
After the sharing, serious volatility was observed in the price of the PNUT token.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Bitcoin ETF assets break $100 billion
Citron Research: MicroStrategy short positions have been hedged
Anzen Finance announces token economics: total supply is 10 billion