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CryptoE

Elon Musk

Elon Musk is the co-founder and CEO of Tesla. Elon Musk's tweets have been known to disrupt cryptocurrency markets, creating both rallies and huge sell-offs, after he lends public support for or lays criticism against, various projects. Musk also shares his thoughts on Bitcoin regularly using Twitter, like announcing in 2021 that Tesla bought USD $1.5 billion worth of Bitcoin

Example

“When Elon Musk tweeted a single word — 'Doge' — in December 2020, the price of Dogecoin surged over 20% within minutes as retail traders rushed to buy the meme coin.”