Even before Elon Musk, the CEO of Tesla got to actually purchase Twitter yesterday, someone released a crypto known as the ELON BUYS TWITTER crypto (EBT). In the middle of the speculation and eventual acquisition of Twitter stock by Elon Musk, the EBT crypto has witnessed a surge of more than 4000% in the last 24 hours. This can be considered as the Elon Musk new project.
As per data of the CoinMarketCap, the ELON BUYS TWITTER crypto was formed on 21st April 2022 and its value increased from as low as $0.00000008893 to more than 4,000 percent higher and attained the peak price of 25.04.2022 of $0.000009444.
In the last 24 hours, the trading volume of the coin has also increased more than 2,000 percent to stand at $2,926,307.20, as per reports by CoinMarketCap. Still, this has not crossed the Dogecoin price which is $0.16.
What Is The ELON BUYS TWITTER Crypto?
As per a report by a news agency, the ELON BUYS TWITTER crypto looks to be like another dump and pump scam coin with an unsecured website, asserting it to be a “forever pump” coin. The so-called team associated with EBT has the images of Elon Musk as their profile image on the website.
Its website asserts that EBT will,
“Give meme creators a chance to earn and allow them to gain a stipulated revenue for their work”. ELON BUYS TWITTER will help such aspiring meme creators showcase their talent to the world and add some monetary benefits to their pockets.”
As per the official website, EBT NFTs are also on the way. The website states,
“ELON BUYS TWITTER is in the process of developing several revenue-generating platforms. Our ecosystem will also launch a series of melon-based lazy games and provide play-to-earn opportunities. ELON BUYS TWITTER’s long-term goal is to establish itself as an industry leader in the emerging DeFI sector. The underlying factor that will continue to define Blockchain products is the ability to give people and businesses more power and control over their finances. This is the driving force behind $EBT”.
This crypto coin is presently ranked 2999 on the CoinMarketCap. Presently, this digital currency has a market capitalization of $376,283.61. The markets of EBT presently include OpenOcean and Pancake Swap (V2).
Conclusion
A cryptocurrency token ELON BUYS TWITTER crypto, which is being traded on decentralized exchanges, increased more than 10,500% in the last 24 hours after the news of Elon Musk’s takeover of the micro-blogging website hit the stands. As per data from CoinMarketCap, the digital currency token ELON BUYS TWITTER attained $ 0.000009443 and was up 10,524% up, at its peak in the last 24 hours.
