Home Altcoin Elon Musk’s Impulsive Tweets Will Make These Cryptocurrencies Spike in 2023

Elon Musk’s Impulsive Tweets Will Make These Cryptocurrencies Spike in 2023

  • Musk promoted his dog Floki as the new CEO of Twitter.
  • Elon Musk’s total net worth recorded a gain of over $39.4 billion year-to-date, as per Bloomberg.

Elon Musk’s confession about his painful Twitter moments is a hot topic on almost all media platforms. His tweets are a collage of content that portray his impulsions and sense of humor. Remarkably, the experimental executions he induced on Twitter in recent months never failed to catch the community’s attention. 

The Tesla CEO averted his focus on spurring Twitter’s improvement plans and exploring the hyped AI innovations. Consequently, speculative tweets from Elon Musk exhibited bullish episodes in the price momentum of the following cryptocurrencies.

Elon Musk’s Favorite — Dogecoin (DOGE)

Elon Musk is popularly nicknamed the “Dogefather” for his fondness of the largest memecoin Dogecoin. His appearance on Saturday Night Live (SNL) in 2021 initiated the DOGE wave. Musk’s memecoin affinity even made his mother think he would gift her Dogecoin for Mother’s Day. “Dogecoin to the moon” emerged as the famous slogan for the memecoin.

As days passed, the billionaire upgraded his public display of Dogecoin love on Twitter. Any single tweet regarding DOGE eventually resulted in the token’s price surges. When a popular crypto influencer requested a visit to Twitter HQ in San Francisco, he mentioned 3 DOGE as the entry fee.

Above all these, the Twitter logo change to Doge led to huge gains in Dogecoin. With this, he declared his never-ending love for the memecoin.

Confirming this, in the interview, he stated:

“There is a lot of potential around Doge that people don’t realize.”

Expectedly, this resulted in a notable brief rally in DOGE. As per CMC, Dogecoin surged 2.4% from $0.08186 to $0.08381 in the 24h time window. 

Floki (FLOKI)

Enthusiasts will never forget the amusing announcement of Twitter’s new CEO in February — his dog Floki. It was only assumed as sarcasm posted by Musk.

But yet again during Tuesday’s interview, Musk jokingly stated:

“I did stand down. I keep telling you I’m not the CEO of Twitter, my dog is the CEO of Twitter.”

Significantly, this initiated a rally of over 2% in FLOKI price to hit the day’s high of $0.00003401. Alongside these indirect social mentions from Elon Musk, FLOKI witnessed prominent collaborations toward its global adoption.

SinguralityNET (AGIX)

Besides the Doge-linked memecoins, Musk’s tweets also featured a single term “Singularity” amid the AI craze. Tesla’s CEO did hint at his wish to begin special research for a native AI project. However, the possible threats of AI models, more advanced than ChatGPT-4, concerned Musk and led him to support an open letter for an AI Halt.

The “Singularity” evidently initiated price surges in the AI token – SingularityNET (AGIX). AGIX is the native token of SingularityNET, an all-inclusive AI service marketplace developed by the creators of the famed bot Sophia. 

Likewise, Musk’s tweet reply on Wednesday to a user succeeded in inducing a short spike of 2% in the last 24h. According to CoinMarketCap, AGIX surged from $0.3855 to $0.3972.

Markedly, Elon Musk resumes warning the world regarding the potential loopholes or threats AI innovations can cause in the future.

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Disclaimer: The views and opinions written in this article are solely the author’s. TheNewsCrypto recommends readers to not take this as investment advice.

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