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US News Musk thinks out loud about its own crypto currency and accidentally causes a rally at MarsCoin

10:05  23 february  2021
10:05  23 february  2021 Source:   finanzen.net

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Tesla boss Elon Musk has often caused a sensation in the past with his tweets. In the past few weeks, he has provided a real roller coaster ride on the Cyberdevise with his Twitter posts on Dogecoin. Now he has also made another cryptocurrency a big plus - this time by mistake.

KAZUHIRO NOGI/AFP/GettyImages © Provided by Finanz.net KAZUHIRO NOGI / AFP / GettyImages

• Musk tweets for course roller coasters

• Dogecoin in zigzag mode

• MarsCoin jumps over 1,000 percent

When Tesla -CEO Elon Musk If something tweets, the community reads it very carefully. In the past, the visionary has often caused a stir with his Twitter posts. Best known is the tweet in which he thought out loud about taking the electric car maker off the stock market - which led to a downright storm on Tesla shares and promptly called the US Securities and Exchange Commission into action.

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In the past few weeks, the Tesla boss has again provided some course roller coasters. Most recently, however, it was not about his own company, but among other things about the crypto fun currency Dogecoin . In a multitude of tweets and memes, the entrepreneur revealed himself to be a great fan of the coin and sent the Internet currency to lofty heights. The Dogecoin hit an all-time high of $ 0.08495 on February 8th. Since the beginning of the year, this corresponds to a phenomenal price increase of over 1,700 percent. But only shortly after Musk catapulted the cyber currency to the record with his tweets, he again caused the currency to collapse with a Twitter post.

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The oldest crypto currency in the world, Bitcoin , has already experienced a lot of tailwind from the Tesla CEO this year. The vehicle manufacturer recently announced that it had invested 1.5 billion US dollars in the original cyber currency, which in turn drove the Bitcoin rate to a new record that has since been broken again.

Now a new crypto currency joins the ranks of the Musk profiteers, only this time (supposedly) it happened unintentionally. What happened? In a Twitter exchange with user Mansour Shahrokh, this Musk suggested setting up his own cryptocurrency called ElonCoin, to which he replied that he would only do this if necessary.

This in turn picked up Twitter member CZ Binance and suggested the name MarsCoin. Musk seemed to like the idea and replied, "There will be a MarsCoin for sure."

There will definitely be a MarsCoin!

- Elon Musk (@elonmusk) February 16, 2021

What he may not have been aware of is the fact that there is already a cryptocurrency called MarsCoin, which promptly jumped on Twitter on February 16 with a rapid price jump responded to a new all-time high of $ 2.50. The cyber currency itself is still very young and has only been tradable on CoinMarketCap since January 18, 2021. From the then opening price of 0.1705 US dollars, the jump to the record high corresponds to an increase of 1,366 percent.

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It is not the first mistaken purchase that investors have made as a result of Musk's tweets. Just recently, the Tesla boss caused big swings in the Pennystock Signal Advance when he publicly confessed to the WhatsApp competitor Signal, which is not listed. Finanzen.net editorial team

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usr: 0
This is interesting!