Milo Inu, one of the numerous Shiba Inu impersonators, implemented an unorthodox promotional strategy involving Tesla CEO Elon Musk. As noted by DogeDesigner, nicknamed @cb_doge, who is a prolific member of the Dogecoin community, Elon Musk recently liked a tweet from a Twitter account called “Musk World”. However, the name of this account was later changed. Here are the details…
Elon Musk liked a post: This altcoin has risen
After getting the attention Elon Musk wanted by liking the post, he changed the account name to “MILO”. He set the logo of the dog coin as his profile picture. This “rebranding” of the Twitter account came just hours after the billionaire liked the tweet. It is worth noting that Musk has no affiliation with the Milo Inu token. However, the creators of the project apparently plan to “save lives” with Musk. The official Twitter profile of the BNB Chain-based coin has added a screenshot to showcase Musk’s like as a stamp of approval.
A single tweet brings an obscure token into the spotlight, causing a massive price spike. As such, many cryptocurrency projects are struggling desperately to get Musk’s attention. Replies to the billionaire’s tweets are constantly flooded with countless different cryptocurrency projects. Last July, BabyDoge, a little-known clone of Dogecoin, came to the fore after Musk mentioned the name of the BNB Chain-based token. The project has since managed to create a vibrant community and build an expanding ecosystem. In fact, the BabyDoge team expressed their gratitude to the millionaire with an Elon Musk tweet in the past months.
As we reported on cryptokoin.com, a year ago, the billionaire changed the lyrics to Pinkfrog’s song “Baby Shark”. She tweeted her version of “Baby Doge”. This caused an increase in the price of the meme token Baby Doge. The entrepreneur did not admit that he was talking about the Binance Chain-based cryptocurrency itself. But the song “Baby Doge” skyrocketed the price of the altcoin last July. According to data provided by CoinGecko, the token, released last June, has a market cap of $190 million, making it the 174th largest cryptocurrency by market cap.
MILO price jumps
Milo Inu (MILO) experienced a pump when users who believed Musk was attracted to the coin flocked to it. During the day, it managed to rise from $ 0.00000001275 to $ 0.00000001421. However, at the time of writing, the percentage has dropped to $0.0000000137. The cryptocurrency project has created an interesting chart as follows, as it has been rising and falling continuously over 7 days:
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