Elon Musk is at it again! CumRocket soars 429%, netizens exclaim 'the crypto market is out of control'
Elon Musk once again demonstrates his astonishing influence on the crypto market. This time, with a 'hilariously addictive' tweet, the niche token CumRocket (CUMMIES) surged 429% in just one hour!
The incident originated from a meme he posted on xx: Pepe the Frog 'discussing tax issues' with the IRS. The meme satirized the IRS's policy of delaying tax filings for crypto investors, triggering a market frenzy, causing CUMMIES to jump from $0.004 to $0.022.
Although this spike couldn't be sustained for long, CumRocket's price remained well above the level before Musk's post. This once again validates the market curse of 'Musk tweets = price barometer' and showcases just how exaggerated his **“promotional ability”** is in the crypto space.
Musk: I make a casual joke, and the market takes it seriously.
Market: Boss, don’t stop, keep talking!
What do you think about Musk's tweets as a 'catalyst' for coin prices? The comments section is waiting for you to chat!
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