After Tesla CEO Elon Musk tweeted about Uranus orbiting the Sun every 84 years, the value of a small cryptocurrency of the same name suddenly increased by 50%.
The Uranus (URAC) token, which can only be traded on Bittrex and Bilaxy, also saw a 75% increase in trading volume.
The token currently has a fully diluted market cap of around $6 million.
Musk’s Uranus tweet was liked by about 165 thousand people and became popular.
https://twitter. com/elonmusk/status/1404351360644964355
Elon Musk’s tweets have previously raised the price of cryptos such as Bitcoin (BTC), Dogecoin (DOGE) and CumRocket, but sometimes random tweets can also increase the value of cryptocurrencies.
