Tesla CEO Elon Musk, known for his fascination with Dogecoin (DOGE), has been on the agenda for a while, investing in Twitter. The latest allegations are that Musk will take over Twitter completely this week. This speculation led to the emergence of a cryptocurrency dedicated to Musk’s move. The newly released coin rose over 1,500 percent. Here are the details…
The allegations against DOGE fan Musk have revealed a new coin
As reported by the Wall Street Journal late Sunday, Twitter itself is a billionaire entrepreneur. He informed Elon Musk that he may complete a deal to sell this week. Citing sources familiar with the process, the Journal’s report said that “the two sides met on Sunday to discuss Musk’s proposal and they are making progress, but they still have issues that need to be resolved.”
Musk submitted an offer to buy Twitter for $54.20 per share earlier this month, coming on top of buying a 9.2% stake in the social media site. A day later, Twitter’s board put in the so-called “poison pill” in an effort widely seen as a way to thwart a potential deal. After this news that Musk would completely buy Twitter appeared in the WSJ, a coin named “Elon Buys Twitter” (Elon Buys Twitter) emerged.
Coin rose hard: 1.500 percent exceeded!
The cryptocurrency has seen a very strong rise with the latest developments, becoming the top-selling altcoin on data platform CoinMarketCap. ELON BUYS TWITTER advertises itself as follows:
ELONBUYSTWITTER will give meme creators a chance to win and allow them to earn a projected income for their work. ELONBUYSTWITTER will help such enthusiastic meme creators showcase their talents to the world and add some monetary advantages to their pockets. ELONBUYSTWITTER is in the process of developing various revenue generating platforms.
Cryptocurrency is changing hands at $0.0000006091, up over 1,800 percent at the time of writing. However, it is worth noting that these cryptocurrencies can decline as quickly as their rise.
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