Elon Musk Effect: One More Cryptocurrency İncreased With His Tweet

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Elon Musk, who caused the increase in the value of Bitcoin and Dogecoin with his previous statements, caused another crypto currency to double in value with his latest share. However, the increase this time was due to a misunderstanding as in Musk's earlier "Use Signal" tweet.

The crypto money market continues to be shaped by the influence of Elon Musk's posts on Twitter.

A post made by Musk, who is the second richest person of our planet, on Twitter caused the value of the crypto money named "MarsCoin" to increase in a short time.

Responding to the share made by Changpeng Zhao, the CEO of the crypto money exchange Binance, to issue his own crypto currency, Musk said, "It will definitely be a MarsCoin."

This response of Musk soon led to the rise of a cryptocurrency, already named MarsCoin.

The "Use Signal" tweet that Musk posted to criticize WhatsApp in the past period also caused the wrong Signal share to rise.

 

FIRST INCREASED, THEN FALLED:

MarsCoin reached a value of $ 2.5 soon after this share. Before Musk's share, the value of the crypto money in question was in the $ 0.7 band. After a short increase, MarCoin has returned to the $ 0.5 band.

Musk had previously fixed the words "Dogecoin" or "CEO of Dogecoin" on his profile and attracted attention.

After Musk made this post, the value of Dogecoin increased considerably. In recent weeks, Tesla, the US electric car manufacturer owned by Musk, announced that they invested $ 1.5 billion in Bitcoin.

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