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Elon Musk Denies Advising People to Invest in Crypto The busi | Crypto | Bitcoin | Blockchain

Elon Musk Denies Advising People to Invest in Crypto

The
business magnate and CEO of Tesla – Elon Musk – said he has never urged individuals to distribute their wealth into cryptocurrencies. He reminded he has personally invested in bitcoin, however, this represents a small percentage of his total capital.

The world’s richest man – Elon Musk – has displayed his thoughts on the cryptocurrency industry numerous times, and it is safe to say that often his comments have affected the market. For example, last year, the entrepreneur vowed to put “a literal Dogecoin” on “the literal moon,” which pumped the memecoin’s price by 35% minutes later.On another occasion, he mentioned “Baby Doge” in one of his tweets. Shortly after, the USD valuation of Baby Doge Coin skyrocketed by nearly 90%.

Source

https://t.me/Crypto_Bitcoin_Blockchain