Elon Musk, who has a significant impact on the crypto money market with his statements on Twitter, has increased the price of this token by responding to a new, not well known meme token in his latest post.
BOB Token Price Sudden Rise After Elon Musk's Tweet
Musk responded to a post he made on Twitter in response to the BOB meme token's automated bot on Twitter. Using a laughing emoji with laughter, Musk also added a fire emoji.
— Elon Musk (@elonmusk) May 13, 2023
After Musk's response, there was a sudden increase in the price of the BOB altcoin.
In fact, a cryptocurrency whale that bought BOB around the dates of BOB's launch transferred 3.6 billion BOB ($300,000) to the cryptocurrency exchange Huobi, right after Musk's tweet. It is thought that the purpose of the whale in question was to sell BOB at a high price after Musk's tweet.
When Musk visually used the popular meme token PEPE in another post he made today, a very sudden surge in the price of the token started.
*Not investment advice.