Elon Musk’s Tweet Sends 1MBABYDOGE Soaring by 64.95%
Elon Musk’s influence on the cryptocurrency market struck again when he tweeted about $1MBABYDOGE, saying simply, “[1MBABYDOGE] 🚀.” The tweet created a massive ripple effect, driving the token's price up by an astonishing 64.95% to $0.0041128.
What Happened?
Musk’s tweet ignited a buying frenzy, with investors rushing to acquire $1MBABYDOGE. The sudden surge in demand caused a sharp spike in its value, highlighting the power of social media in the crypto space.
Why the Surge?
Elon Musk, with his 100M+ social media followers, has a history of moving markets. His tweets can attract global attention, causing instant price swings. The crypto community’s hype, combined with Musk's influence, fueled this remarkable rally.
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