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Elon Musk's Sudden Al Meme Tweet Triggers Crypto Community. Techno entrepreneur Elon Musk, boss of Tesla and owner of the X platform who recently founded the xAl start-up to take part in the artificial intelligence race, has taken to his X account to publish a meme about Al. Musk is a renowned fan of memes, often sharing his take on current or acute social events through them. Today, he posted a meme about Al, triggering the reaction of the crypto and regular communities, who follow him on the X network. He also published a tweet, issuing a prediction on the future that humanity is heading for. Elon Musk's controversial Al meme. Elon Musk, who is known for his "anti- woke" position on Al development (thus opposing himself to OpenAI, Meta and other IT giants who have launched their artificial intelligence products) has published a meme that includes combined images from the classic Wachowski movie "The Matrix." He shared an X post published by user @Jason X with 827,300 followers. Namely, the meme depicts Morpheus offering Neo a blue and a red pill to choose from. The red pill means "Al will kill us all." The blue one has a caption: "Al will solve it all." The rest of the meme suggests that Al researchers are so eager to invent Al that they either do not care about the consequences or cannot predict them fully (and that does not stop them anyway), so they "took both pills." The crypto community responded with comments, posting both positive and negative Al expectations. One user shared an image saying that people expect Al to do their laundry and dishes so that people can engage in writing and drawing - and not the other way around.

Elon Musk's Sudden Al Meme Tweet Triggers

Crypto Community.

Techno entrepreneur Elon Musk, boss of Tesla and owner of the X platform who recently founded the xAl start-up to take part in the artificial intelligence race, has taken to his X account to publish a meme about Al. Musk is a renowned fan of memes, often sharing his take on current or acute social events through them.

Today, he posted a meme about Al, triggering the reaction of the crypto and regular communities, who follow him on the X network. He also published a tweet, issuing a prediction on the future that humanity is heading for.

Elon Musk's controversial Al meme.

Elon Musk, who is known for his "anti- woke" position on Al development (thus opposing himself to OpenAI, Meta and other IT giants who have launched their artificial intelligence products) has published a meme that includes combined images from the classic Wachowski movie "The Matrix."

He shared an X post published by user @Jason X with 827,300 followers. Namely, the meme depicts Morpheus offering Neo a blue and a red pill to choose from. The red pill means "Al will kill us all." The blue one has a caption: "Al will solve it all." The rest of the meme suggests that Al researchers are so eager to invent Al that they either do not care about the consequences or cannot predict them fully (and that does not stop them anyway), so they "took both pills."

The crypto community responded with comments, posting both positive and negative Al expectations. One user shared an image saying that people expect Al to do their laundry and dishes so that people can engage in writing and drawing - and not the other way around.

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Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH. Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run. The Most Important Indicator For Bitcoin. Swift claimed that the global liquidity was the "most important" chart in this bull run while revealing that it had just hit a new ATH. The chart he shared showed that the global liquidity was now at $94 trillion and approaching the $100 trillion mark. Based on his analysis, this development could also lead to new ATHs for Bitcoin. Global liquidity was around $90 trillion when BTC hit its previous ATH of $69,000 in the 2021 bull run. Additionally, Bitcoin's price has risen above that level since global liquidity, thereby confirming the correlation between this global liquidity indicator and Bitcoin's price. Swift claimed that Bitcoin's rise is "inevitable" as long as global liquidity keeps trending. Swift mentioned that BTC had a "long way to go" after it hit a new ATH of $73,750 in March. He made reference to the MVRV z-score indicator, which showed that the flagship crypto was still well below its fair value. In a recent X post, the crypto founder suggested that Bitcoin would at least rise above $100,000 before the market top can be said to be in. Swift claimed that the Bitcoin cycle top indicators were continuing to climb higher. These top indicators were the delta top, terminal price, and top cap, which were at $137,579, $148,390, and $364,541, respectively. Meanwhile, like Swift, crypto analyst Tarekonchain recently highlighted the Market Value to Realized Value (MVRV) indicator and mentioned that Bitcoin was still far from its peak. Based on this, the analyst predicted that BTC could still achieve new highs in this cycle and possibly rise above $100,000.
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Dogecoin (DOGE) Sees Epic Surge of $1 Million Transactions, What's Going On? Dogecoin (DOGE), the eighth-largest cryptocurrency, is experiencing a significant uptick in whale activity. In the past day, a significant surge in $1 million transactions has been seen. The recent increase in such transactions for Dogecoin suggests that large holders are either accumulating more DOGE or moving substantial amounts of the cryptocurrency for other strategic purposes. Data from blockchain analytics platforms show that these high-value transactions numbering over 150, involving amounts of over $1 million, have been reported in the last 24 hours. According to crypto analyst Ali, who cited Santiment data, "Dogecoin whale activity is on the rise. Over 150 DOGE transactions, each exceeding $1 million, have been recorded in the past 24 hours." Increasing institutional interest in cryptocurrencies, including Dogecoin, could be contributing to the rise in large transactions. Institutions entering the market often do so with substantial capital, leading to large transaction volumes. Whales might be positioning themselves for anticipated price movements, either upward or downward, based on market analysis or news. Dogecoin price action. At the time of writing, Dogecoin was down 1.38% in the last 24 hours to $0.161. Dogecoin has remained above the 50-day SMA of $0.1547 since late May, indicating strong demand near this level. If this trend continues, Dogecoin may surpass the short-term barrier of $0.174, which is a crucial mark to monitor. If buyers break through this barrier, Dogecoin might rise to $0.21, and then to $0.23. Conversely, if the price falls from the present level or the daily SMA 50, it may induce short-term selling. A breach below the 50-day SMA might reverse the short- term trend, sending Dogecoin to $0.14. #TopCoinsJune2024
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