Elon Musk Tweets
Tesla CEO Elon Musk has been wreaking havoc in the crypto space. Well, not everything he does causes chaos, but his tweets create some pretty chaotic changes in the crypto trading scene. Remember how Dogecoin’s price skyrocketed after his tweet last year? That gives you a glimpse of his impact on the crypto world. The new meme currency based on his dog, Baby Floki, is worth watching out for too. Its value increases whenever Elon tweets about his dog. It’s also deflationary, so the more people there are who use it, the higher its value increases.