E

lon Musk's enthusiasm for the crypto industry has been nothing new, but a recent study discovered that the Tesla (NASDAQ: TSLA) CEO himself is the author of the most prevalent tweets that recognize crypto in the last couple of years.

Indeed, Elon Musk wrote on Twitter the most commonly shared and most engaged crypto-related tweets on Twitter (NYSE: TWTR) over the last two years, according to the crypto market social competence platform LunarCrush on October 11.

These tweets are mostly about Bitcoin (BTC) and the meme token Dogecoin (DOGE), including one from March 24, 2021, in which he revealed that individuals could purchase a Tesla car with Bitcoin.

What's the next viral tweet?

The platform suggested that the next possibly viral Elon Musk tweet could be his tweet about his first perfume, "Burnt Hair," which he tweeted can be bought with Dogecoin.

Notably, thanks to the partnership with BitPay payment processor, the perfume, which costs $100, can also be bought with other crypto assets such as Bitcoin and Shiba Inu (SHIB).

Previously, Musk's tweets about Dogecoin sent the decentralized finance token's price skyrocketing, but as of press time, his tweet about the perfume accepting DOGE payments has had no significant impact on its price.

Musk's involvement with Twitter

Meanwhile, Elon Musk's second attempt to purchase Twitter was met with a surge in DOGE whale activity, with 85 whale transactions involving a minimum of $100,000 recorded as of October 4 and driving the token's price up by 9%.

This occurred after Musk reportedly confirmed that he may be moving forward with the purchase of the social media site, sending Twitter stocks up 22.24%, according to Finbold.

As a reminder, the previous contract, which has been jeopardized by the controversy surrounding the platform's spam accounts, recommended that Twitter be acquired for $54.20 per share, resulting in a deal worth $44 billion.

What do you think will happen to crypto when Musk stops tweeting about it? Drop your thoughts by sharing this article on social media.

Posted 
Oct 14, 2022
 in 
Digital Lifestyle
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