Elon Musk has been making waves in the crypto space lately. According to recent reports, his AI algorithm has identified RCO Finance (RCOF) as a promising altcoin, which has led to a surge in its popularity ¹. RCOF is an AI-powered altcoin that offers real-world utility and multiple benefits, including 10% APY on staking, liquidity provision, governance rights, and more.
In other news, Elon Musk's father, Errol Musk, has launched a meme coin called "Musk It" to fund a for-profit scientific institute ². The coin aims to raise between $150 million and $200 million.
Additionally, there are rumors that Elon Musk is considering the Movement blockchain for his government transparency initiative, which has led to a 16% jump in the MOVE token's price ².
It's also worth noting that Elon Musk's X platform is partnering with Visa to enable payments, which could have implications for the crypto space ².
