Elon masks influence for crypto

CEO of Tesla, Elon Musk appears to be showing considerable interest in crypto lately. When he came out and talked about bitcoin on Twitter a lot

Whatever it takes, it has become a global focus for Elon Musk, a mad innovation thinker who is regarded by the world as the world-changer of the future. 

Elon Musk is the mastermind behind this success and owns three major companies: PayPal, the Internet Pay-and-Receive Intermediary, SpaceX that can launch a rocket into space, and Tesla Motors. It produces electric-only cars that are gaining immense popularity in the United States and may be able to change the world of cars in the next few years as well.

There are theories and claims from time to time. Speaking of the real Satoshi Nakamoto, the Bitcoin creator, nobody knows who the real person is today. Recently, Sahil Gupta, a former SpaceX software engineer intern, has a theory on his own medium stating that Elon Musk might. It’s Satoshi Nakamoto.

Gupta suggested that the Bitcoin paper was written in 2008 by someone who knows the truth about economics and cryptography that Musk has the ability to do. As well as being proficient in C ++, the language in which Bitcoin was written, Gupta said that Musk was a well-rounded person and a person who applied knowledge. It would not be a surprise if he was the inventor of Bitcoin.

Elon Musk recently posted a message on his profile on Twitter with the hashtag #Bitcoin, leading to a 17% increase in the Bitcoin price in the past 24 hours, or almost surging. 38,000 dollars.

There was also a recent tweet to Dogecoin. By tweeting a picture of a magazine cover that is a dog only but will also help bolster the trend of buying Dogecoin even more intense. And this isn’t the first time Elon Musk has mentioned Dogecoin. In December last year, Elon Musk tweeted a short message, “Ask for one word: Doge,” but caused the price of Dogecoin at that time to go up. And back in July, Elon Musk tweeted a picture of Dogecoin, and that time, the price of Dogecoin jumped 14%.

The incident is yet another example of how the crypto market is extremely sensitive to celebrity tweets, especially Dogecoin.

Cryptocurrencies are highly volatile. And is more established We can profit from digital currencies in many ways. Whether Staking to earn monthly returns such as Classe (CAS) through the ClassePay app or DeFi coins is another interesting option.

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