Elon Musk’s Latest Tweet Send Bunny-Themed Currencies Soaring

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Tesla chief Elon Musk says the company is moving its headquarters from Silicon Valley to Texas
Tesla chief Elon Musk says the company is moving its headquarters from Silicon Valley to Texas

While Elon Musk has traditionally shown his support of the cryptocurrency Dogecoin, his most recent tweet has some crypto supporters seeking out other currencies as the post seemed to resemble another coin mascot – a bunny.

The nondescript tweet from Musk caused bunny-themed coins to jump, including Bunny Park, Pancake Bunny, Little Angry Bunny V2, and Rewards Bunny, all gaining in value, according to Benzinga.

Currency BunnyRocket was up 88.1%, according to CoinGecko, as reported by Benzinga, while Rocket Bunny increased 252.1% by early Monday morning.

The tweet from Musk, if resembled a bunny, was holding a rocket, which is often the symbol for “to the moon” in the cryptocurrency community.

However, the stick figure that Musk posted in his tweet was definitely open to interpretation as some fans believed they saw a Shiba Inu dog, the mascot of the Dogecoin, and the same dog that the Tesla CEO recently brought home as a pet.

Musk’s Shiba Inu named Floki which has been featured on Twitter in a few of his tweets and has also caused Floki-and Shiba-themed currencies to surge with the posts. Musk also has a dog named Marvin. 

The price of Shiba Inu coin was up 21% an hour after Musk posted the tweet.

Shiba Inu-themed coins also saw gains within 24 hours of the post, including ShibX, up 47.86%; Doge Dash, up 90.55%; Baby Floki, up 251.93%; PrinceFloki, up 429.90%; and SpaceX Floki, up 92.34%; according to CoinMarketCap.




Photo: AFP / Frederic J. BROWN

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