The richest man in the world, Elon Must had updated his Twitter bio on Friday, January 29, 2021, to the word, Bitcoin. His Twitter profile has nearly a 45Million followers.
According to Coinmarketcap data, the news did something exciting to Bitcoin. The value of Bitcoin surged about 14%. Cointelegraph reports the price of Bitcoin at 8.24 am was around $32,194 and by 9.04 am it surged up to $36,670.
The thing is, Elon Must tweeted “In retrospect, it was inevitable” at 8.22 am. Within 30 minutes after that tweet, Bitcoin increased by 14% and the DOGE coin has also boosted up!
However, on December 25, 2020, Elon tweeted a meme about the DOGE coin. And that tweet did a 25% increment to the coin “DOGE”