Do you advise me to do something to trade with these days?
BD-BOOD
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Bullish
#AICrashOrComeback
The activity of American businessman “Elon Musk” on the “X” platform sparked widespread controversy among cryptocurrency enthusiasts, as his change of his account name and profile picture led to an unprecedented rise in a cryptocurrency belonging to the category of “meme coins”.
In a surprising move, Musk changed the name of his account on “X” to “Kekius Maximus” last Tuesday, the same name of the cryptocurrency that witnessed a remarkable rise. He also changed his profile picture to the satirical symbol “Pip the Frog”.
This sudden change led to the price of the currency rising from $0.0103 in the early hours of Tuesday morning to $0.389 on Wednesday morning, representing a 3680% increase.
Despite the currency falling by 54.4% in the following hours to record $0.1312, the currency achieved huge gains of more than 9349% in one week, according to data from the CoinGecko website.
A few hours after the controversy sparked by Musk, the currency witnessed a 900% jump in its value, as reported by the New York Post.$BTC $MEME
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