What did Elon do?
Going Ham
Benzinga reports that Hamster Coin, an alternative cryptocurrency, saw its price soar on Tuesday. It traded more than 460 per cent higher in the last 24 hours. As is often the case in volatile crypto markets, Tesla CEO Elon Musk may have something to do.
German hamster Mr. Goxx, who lives in a Goxx Box cage, has been transforming the crypto world by selling and buying cryptocurrencies.
According to BBC, the rodent is quite successful. His lifetime performance has risen by about 20%, surpassing Warren Buffett and the S&P 500. It seems that he is even pumping the value dubious altcoins.
Musk Rat
Musk was attracted to Mr. Goxx's tweet on Tuesday, claiming that the hamster is a master of mad skills! You!
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Billy Markus, creator of Dogecoin, also tweeted in. In response to Musk's tweet, he suggested that he needed an iced-out diamond and gold hamsterball so he could become one.
This hamster passion has led to a lot of interest in hamster-themed cryptocurrency. According to CoinMarketCap, Tuesday night's price of one Hamster Coin soared to $0.000000001721, after it had been languishing at a low $0.000000000520.
After Jack Dorsey, Twitter CEO, gave it a brief shoutout in a June tweet late in the year, the HAM cryptocurrency was already trending.
This is a ridiculous example of tech CEOs sending random alt coins soaring, and it's not the first.
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Baby Doge, doo doo! The billionaire tweeted it in July. You guessed it: Baby Dogecoin spiked.
READ MORE: Hamster Cryptocurrency Rises 465% - Elon Musk and Dogecoin Creator [Benzinga]
More about Mr. Goxx: Elon Musk Complements Crypto-Trading Hamster
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