Elon Musk usually pumps $DOGE with this posts—but this time around, obscure coin CumRocket shot up 429% after he shared a meme on X.
A lot of rockets have taken off under Elon Musk’s watch, but the tech CEO and SpaceX co-founder just boosted one billed as digital ejaculate—for the second time.
The price of CumRocket (CUMMIES) had jumped 68% Friday, hovering above $0.007 a day after Musk posted a meme on X (formerly known as Twitter) bearing the obscure token’s name.
In Musk’s post, the popular internet $MEME $PEPE the Frog is depicted communicating with the IRS, discussing the tax implications of on-chain activity involving “cumrocket” and “NFTitties.”
Musk’s post may have referenced the IRS’s postponement of tax reporting requirements on Wednesday, a delay that affords crypto investors relief until next year. But after Musk’s post, CumRocket’s price quintupled in less than an hour, rising 429% to $0.022 from $0.004. That peak was short-lived, but CUMMIES remains up substantially from before Musk’s tweet.
#PEPE #MEME #Dogecoin #ElonMuskTwitter #BinanceAlphaAlert