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Elon Musk Net Worth Hits $300B as Tesla Passes $1T Market Cap
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Elon Musk Net Worth Hits $300B as Tesla Passes $1T Market Cap AIG #Memes Airdrop is Live! Get 10,000 AIG Tokens for Free. Join Airdrop Now At Official Website ➯ PlayAiGames.online Elon Musk’s net worth has surpassed $300 billion, with his EV company Tesla recently breaching $1 trillion in market cap. The world’s richest man has seen his Net worth rise $11 billion in less than 24 hours, a 3.8% increase. Musk was one of the biggest winners of the recent US election, which saw Donald Trump win a second term in office. Trump previously made the promise to bring on the Tesla CEO to his cabinet in a new role, backing Musk as a genius. ““Let me tell you, we have a new star. A star is born—Elon,” Trump said in his victory speech Wednesday. “[Musk is] a character, he’s a special guy, he’s a super-genius. We have to protect our geniuses—we don’t have that many of them.” Musk’s promised role reportedly involves heading a finance domain dubbed “Department of Government Efficiency, or DOGE,“ a realm heavily invested in carrying out budgeting and financial duties. In one of his recent interviews, Musk shared how he can easily eliminate $2 trillion worth of budget to ensure the smooth functioning of the US economy. “You think we can rip off this wasted $6.5 trillion Biden budget,” he asked. “Well, I think we can do at least $2 trillion. Yeah, yes, two trillion. At the end of the day, you’re being taxed; you’re being taxed—all government spending is taxation.” Tesla (TSLA) and Nvidia (NVDA) represent some of the biggest gainers after Trump’s election victory but are certainly not alone. TSLA has been the key performer, increasing 14.7% as of Thursday and trading at a $288 level. Additionally, the value increase has only been a benefit to its market cap. The company is currently at a value of $923.199 billion post-election. The gains have helped Elon Musk’s net worth boom in the last 48 hours. #ElonMusk #Tesla #Bitcoin #BIOProtocol $BTC $ETH $DOGE
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Cardano Rockets 251% in Volume as ADA Price Hits July High
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Cardano Rockets 251% in Volume as ADA Price Hits July High AIG #Memes Airdrop is Live! Get 10,000 AIG Tokens for Free. Join Airdrop Now At Official Website ➯ PlayAiGames.online The trading volume of derivatives linked to the popular cryptocurrency Cardano (ADA) saw an abnormal spike of 251% today, according to data from CoinGlass. In the last 24 hours, the total turnover of perpetual futures on the ADA token reached a high of $1.45 billion. By this metric, Cardano emerged as the 10th largest across the entire crypto derivatives market. Meanwhile, the spot market for the ADA token is also booming, as, according to CoinMarketCap, it recently reached $1.24 billion, which is 188.73% higher than the day before. At the moment, the volume-to-market cap ratio for Cardano is 11.1%, which indicates a fairly high level of trading activity. Cardano (ADA): Price outlook The increase in volume is likely due to the fact that the price of Cardano has been on a tear lately, rising over 31.3% since the beginning of the week. As a result, the price of ADA reached a high of $0.45, a level not seen since July. What comes next for the Cardano token remains to be seen, but this parade of green candles has definitely increased the sentiment and enthusiasm for ADA among traders. The spike reflects a notable escalation in trading interest, positioning ADA prominently among the sector’s highest ranks. With Cardano back in the spotlight and in the top 10 of the cryptocurrency market rankings, it will be interesting to see if this market old-timer manages to prove the critics wrong. #ADA #Cardano #BIOProtocol #FedRateStrategy $ADA $BTC $SOL
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Binance Labs invests in BIO Protocol to advance DeSci, disrupt traditional funding AIG Memes Airdrop is Live! Get 10,000 AIG Tokens for Free. Join Airdrop Now At Official Website ➯ PlayAiGames.online Binance Labs, the venture capital arm of crypto exchange Binance, has made a strategic investment in BIO Protocol, a blockchain-based platform that aims to reshape early-stage scientific research funding. The investment marks Binance Labs’ first foray into the emerging Decentralized Science (DeSci) sector, highlighting its commitment to leveraging blockchain technology for societal impact. BIO Protocol’s innovative model provides an alternative to the traditional, often cumbersome funding avenues for scientific research, particularly in underfunded fields such as rare diseases and mental health. Decentralized incubator BIO Protocol operates similarly to a decentralized incubator, drawing in scientists, patients, and investors to jointly finance and develop new biotechnologies. Through its network of Biotech Decentralized Autonomous Organizations (BioDAOs), BIO Protocol enables stakeholders to co-own and contribute to research projects, fostering a collective approach to breakthroughs in biomedical science. Presently, BIO Protocol’s ecosystem includes seven BioDAOs dedicated to fields like cryopreservation, women’s health, and psychedelics for mental health. The upcoming cohort will expand to address critical needs, including research on Long COVID treatments, rare disease therapies, and pioneering quantum microscopy for biological observation. Binance Labs’ investment will accelerate the growth of the BioDAO ecosystem, providing seed funding for new BioDAOs and expanding the support network available to these decentralized research communities. The funding is anticipated to drive BIO Protocol’s overarching vision of creating an autonomous infrastructure for scientific research funding. #BinanceLabs #DogeArmyComeBack #BIOProtocol #FedRateStrategy $BTC $SOL $ETH
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