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Why Does Elon Musk Share Crypto Memes on Twitter? | CoinGabbar

Key Takeaways
  • While answering the questions in his Twitter thread, he said that the holds only Bitcoin, Ethereum, and Dogecoin and that’s it
  • Due to the major impact, Musk had on crypto markets, the entire crypto community closely monitors his actions and his Twitter account
Why Does Elon Musk S

If there is one thing that is certain about Musk is that he is highly uncertain. He tweets about life, engineering, his company Tesla and Twitter but one thing that he is particularly popular to tweet about is cryptocurrencies. 

The tweets of Elon Musk can change the fate of any cryptocurrency out there. Dogecoin attained its all-time high because of Elon Musk’s tweets, he has tweeted about Shiba Inu and Floki Inu as well. Apart from that, Elon frequently shares memes that promote blockchain and cryptocurrencies. But why does he do so?

The answer lies in the fact that one thing that Elon Musk is addicted to is attention and observation of human behavior. He is keen on understanding the impacts of his tweets and uses Twitter to analyze the gravity of his ideas. Even though some suggest that Elon gain people’s attention to use it as a tool for marketing his businesses but according to other sources, no one has control over  what Musk is going to tweet, not even Tesla. 

When Musk shared memes about Floki and Shiba Inu, he was asked whether he holds any of that which he replied negatively. While answering the questions in his Twitter thread, he said that the holds only Bitcoin, Ethereum, and Dogecoin and that’s it. However, Elon misses no chance to share crypto memes it could be related to any cryptocurrencies. 

Recently Musk shared a photo of his Dog Floki sitting on the chair of Twitter CEO after which the price of the FLOKI token plumped significantly. Due to the major impact, Musk had on crypto markets, the entire crypto community closely monitors his actions and his Twitter account. Because of this, he has gained immense popularity among crypto holders from around the world.

Musk’s recent tweets revolve around ChatGPT and he has also tweeted that AI is the new trend he wants to pursue. With his ever-rising popularity, Musk's authority over Twitter is only going to increase in the coming time and it is likely that we are going to see more crypto memes in the future.

To read more such interesting news related to cryptocurrencies, keep following CoinGabbar. Also, don’t forget to share your views in the comments down below. 

Read more - Traders are Getting Greedy Again: Are Good Times Coming for Crypto Market?


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