Elon Musk has set his sight on Mars… err, the moon. The Tesla CEO and SpaceX boss who has been obsessive about colonizing the purple planet has now set his eyes on a special celestial physique: The moon. However it might not be all literal, and it could be the results of the billionaire’s private vested curiosity in cryptocurrencies like Bitcoin and Dogecoin. Elon Musk has an obsession with the 2 cryptocurrencies – The billionaire SpaceX CEO and Tesla boss from time to time submit one thing in regards to the Web’s favorite meme cryptocurrency that drastically shoots up the value each time he tweets about it. And it appears his obsession and enthusiasm isn’t dipping anytime quickly.
Late on Saturday, Musk posted a imprecise tweet, “… going to moon very quickly.” Whereas this appears atypical sufficient, crypto lovers will know it’s really a part of an unique phrase that bitcoin miners and cryptocurrency nerds usually use when speaking in regards to the costs and worth of the cryptocurrency, for instance, “We’re taking Bitcoin costs to the moon!” And whether or not Musk might not have meant it about cryptocurrency for a uncommon change, however costs of Bitcoin nonetheless jumped up all the identical.
Bitcoin surged above $60,000 for the primary time since March, approaching document highs on Saturday, in accordance with Enterprise Insider. As of 9:00am jap time on Sunday, the foreign money was at $59.604.06 on the Bitstamp trade. The cryptocurrency is up over 700% from a 12 months in the past when a single bitcoin was under $7000. This 12 months, bitcoin is up over 100% after a February rally introduced the cryptocurrency over $50,000 for the primary time.
Might Musk’s tweet be the explanation?
In all probability. This isn’t the primary time Musk has carried out this. This isn’t even the second. (At this level we’re shedding rely.)
On April 1, Musk shared a tweet that learn, “SpaceX goes to place a literal Dogecoin on the literal moon.” Whereas the cryptocurrency is invisible, and never a real-life object you may bodily contact, the ‘literal’ bit could also be debatable. What Musk may suggest can be both placing a illustration of what Dogecoin is on the moon, within the type of a statue, or artwork set up, or a visible illustration of the cryptocurrency with the Shiba Inu’s face. It may alternatively imply, he would in some way arrange a pc or platform to commerce the cryptocurrency out of, on the mooon. Musk’s tweet didn’t make clear.
Musk in February had posted a Twitter ballot, asking his 45.8 million followers to decide on “the longer term foreign money of Earth.” He gave two choices: “Dogecoin to the Moooonn” or “All different crypto mixed.”
The ballot resulted in 71.3% of the two.4 million voters saying that “Dogecoin to the Moooonn” can be the way forward for foreign money. Appears like Musk plans on really making certain it.