Tesla CEO Elon Musk, who has influenced the prices of many altcoins with his statements and shares, has made a new altcoin share.
Recently, Musk indirectly supported a Pepe-themed cryptocurrency, which caused a major explosion in the price of the altcoin called Kekius Maximus.
Once again, Musk increased the price of the altcoin CumRocket (CUMMIES). After Elon Musk tweeted an image featuring Apu Apustaja’s version of Pepe the Frog, CumRocket quickly increased by 400%.
Although the mentioned post may be mocking IRS tax reporting requirements, it led to an increase in the price of meme coins.
As a result, CumRocket price reached $0.0225, a 400% increase, and reached a six-month high. However, this rise was short-lived, and the price dropped to $0.0079. However, it is showing a significant gain with a 90% increase in the last 24 hours.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
