Elon Musk is at it again, influencing the crypto market with his tweets. This time, he indirectly supported CumRocket (CUMMIES), a Pepe-themed crypto, causing its price to skyrocket by 400% to $0.0225, a six-month high. Although the price later dropped to $0.0079, it's still showing significant gains with a 90% increase in the last 24 hours.¹
Musk's tweet featured an image of Apu Apustaja with his version of Pepe the Frog, which was meant to poke fun at IRS tax reporting requirements. However, it had an unexpected effect on CumRocket's price. This isn't the first time Musk's tweets have impacted the crypto market; he recently caused a surge in the price of Kekius Maximus.
It's essential to keep in mind that CumRocket's price can be highly volatile. As of now, its market capitalization stands at $5.8 million, and it's ranked #957 among all cryptocurrencies. If you're considering investing in CumRocket or any other cryptocurrency, make sure to do your research and stay up-to-date with market trends.
