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Musk and Mr. Goxx drive up another fun coin

cryptocurrencies to be taken seriously, but free of curiosities is far from the scene revealed.

At the beginning of the week, the crypto hamster Mr. Goxx made headlines because the little animal unconsciously earned a return of 24 percent in the crypto market. Actually, that shows what astonishing arbitrariness the market is subject to. But instead of a warning, Tesla boss Elon Musk celebrated the animal trader on social networks. As far as no problem, of course, if it weren’t for the fans.

Although probably unintentional, Musk’s tweet repeatedly triggered a run on a certain currency – because of course there is also a coin called Hamster. Within a few hours, the fun thaler went up from 0.000000000520 US dollars to 0.000000001721. An increase of a whopping 230 percent. With a corresponding number of hamsters in the portfolio, this is a profitable business. Hamster is currently at $ 0.000000000702, which is almost at pre-tweet level again.

Jack Dorsey, CEO of Twitter and big crypto enthusiast, wrote jokingly in June about the currency back. With the corresponding risk, it can be profitable to buy what the big names of the scene mention on suspicion. Whether this is doing the market a favor in its mission to appear more serious is another matter.

Bitcoin is recovering slightly

The key currency Bitcoin is currently around 43,000 US dollars, after the price last week after the final slumped ban on coins in China little. Bitcoin reached its current all-time high on April 14, 2022, at almost $ 65,000, and this year’s low was around $ 29,000. Despite its famous fans, crypto money is still not a safe or even calculable investment.

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