MUMBAI: The cryptocurrency market is getting stranger by the day, and the person behind most of its oddity over the past few months is Tesla chief Elon Musk.
On Friday, as Bitcoin looked set to recapture the $40,000 level, Musk tweeted a broken-heart emoji for the token. The result was a nearly 6% drop in the cryptocurrency to near $36,000.
However, another cryptic tweet boosted prices of two adult-theme based digital assets. Musk wrote “Canada USA Mexico” without giving any reason or meaning behind his tweet.
The followers of the auto billionaire deciphered that Musk was referencing to the crypto assets that start with the first letters of these three countries.
Consequently, CumRocketCrypto, which trades with the ticker symbol of (CUMMIES) zoomed over 150% during the 24-hour period to trade at $0.09475, at around 1.25pm IST, according to data tracker CoinMarketCap.com. Launched in April 2021, CumRocketCrypto is a blockchain-based project aiming to revolutioniSe the adult content industry. The token has a market cap of $112 million and is the 295th biggest crypto token.
Another Shiba Inu-based meme currency, CumInu, also surged post Must’s cryptic tweet. The token surged as much as 170% for the 24-hour period and was trading at $0.0019. The token was ranked at the 2629 spot at current price levels. CumInu is also adult-theme based token and started trading on 26 May 2021.
In the past, Musk’s tweets had pushed the…
