Sure enough, Elon Musk changes his biography on Twitter to put #bitcoin. It is true that the value of the cryptocurrency soared $ 5,000 in one hour.
In fact, Elon Musk has not even posted any messages: he has only changed his biography or short account description on Twitter, which now only has the text #bitcoin.
In reality, the impact that someone like Elon Musk has when posting any type of message on Twitter is increasingly spectacular. Since in the past he had shown his influence by supporting Dogecoin, and now he has done something similar with Bitcoin.
Elon Musk changes his Twitter bio
Obviously, everything Elon Musk tweets seems to be made of gold. Definitely, the CEO of Tesla has changed his bio on Twitter to simply put #bitcoin. As a consequence, the value of the cryptocurrency shoots up $ 5,000 in an hour.
By the way, before Musk did anything, the value of Bitcoin was roughly $ 32,200. By changing his biography and placing #bitcoin, the purchase fever was unleashed and just an hour later, it skyrocketed to $ 37,299.
Obviously, this rise makes it clear that Elon Musk’s influence is not only on his followers, but on the media and industries. Making them wobble in less than 280 characters.
In fact, after changing his bio, he tweeted: «In hindsight it was inevitable».
It seems like a bit of a cryptic message, but probably referring to the change in your biography, Are you finally giving an inevitable support to Bitcoin?
A little more about the real life “Iron Man”
Elon Musk was born in South Africa in 1971. He is a physicist and an entrepreneur.
At the young age of 9, he operated his first personal computer and became self-taught. Obviously, that’s where his interest in programming and computing comes from.
In addition to being the CEO of Tesla and SpaceX, and a rather controversial tweeter, he is one of the biggest precursors to Bitcoin.
As a curious fact, he has become the richest man in the world. After unseating Jeff Bezos, on the list of the world’s top millionaires.
However, despite becoming the most millionaire man in the world, Elon Musk confesses to feeling very little attachment to money.
But even so, after knowing the news, he reacted on his social networks leaving his followers speechless, saying: “Lets keep working».
Impact Elon Musk has
It is not the first time that Elon Musk’s comments appear to have a massive impact on the markets. It happened recently with GameStop: after Reddit users caused the company’s stock to skyrocket.
Elon Musk tweeted the link to the forum and in parallel the bullish rally that GameStop is starring accelerated.
Also, shares of CD Projekt from Poland increased up to 12.6%. After Musk tweeted that he liked the company’s Cyberpunk 2077 game.
Musk also tweeted a picture of a dog on Thursday. Which was interpreted as a show of support for the cryptocurrency that was born as a joke, Dogecoin. And that soared more than 800%.
The businessman sent a short but effective message: «Use Signal». Two words that sparked an avalanche of app downloads. As a result, Signal went from 10 million to 50 million users in just one week.
In closing, a simple change to Elon Musk’s Twitter profile causes the price of Bitcoin to skyrocket. What do you think? Let us know in the comment box.
I retire with this phrase by Alex Tew: «You are what you post on Twitter».