#CryptoReboundStrategy Elon Musk, CEO of Tesla and SpaceX, is considered one of the most influential figures in the cryptocurrency market. His comments and actions receive wide attention, and often directly affect the prices of some cryptocurrencies.

Latest developments:

Impact on Kekius Maximus: On January 2, 2025, Musk changed his X account name to Kekius Maximus and posted a profile picture of the satirical symbol “Pip the Frog”. This change caused the price of the cryptocurrency of the same name to rise by more than 3,600% in a single day, rising from $0.0103 to $0.389, before later declining.

$760 million Bitcoin transfer: In October 2024, Tesla, led by Musk, transferred $760 million worth of Bitcoin to unknown wallets, raising questions about the company’s future intentions towards cryptocurrencies.

Dogecoin surges after Trump’s victory: After Donald Trump won the US presidential election in November 2024, Dogecoin surged by 157%, pushing its market cap to $53 billion. This surge is partly attributed to Musk’s continued support for the coin.

Notes:

It is worth noting that Musk’s moves and statements often lead to significant volatility in the cryptocurrency market. Therefore, investors are always advised to do their own research and make informed decisions.