A new altcoin share came from Tesla CEO Elon Musk, who has affected the prices of many altcoins with his statements and posts.
Musk, who recently caused a huge explosion in the price of the altcoin Kekius Maximus, has again indirectly supported a Pepe-themed crypto.
This time, Musk increased the price of the altcoin CumRocket (CUMMIES). CumRocket increased by 400% in a short time after Elon Musk tweeted an image of Apu Apustaja with his version of Pepe the Frog.
Although the post was intended to make fun of IRS tax reporting requirements, it did cause the price of the meme coin to increase.
As a result, CumRocket price rose by 400% to $0.0225, reaching a six-month high. However, this rise was short-lived, and the price dropped to $0.0079. However, it is still showing significant gains, with a 90% increase in the last 24 hours.
*This is not investment advice.
