AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- The bunny-themed coins and Shiba Inu token have risen in value due to Elon Musk's recent tweet.
- Owing to Musk's cryptic tweet, crypto enthusiasts have shifted their attention away from Dogecoin and begun hunting for 'Bunny Cryptos.'
- Musk's recent tweet sparked curiosity, as the tweet included Musk clutching a rocket, which is widely used in the cryptocurrency world as a symbol for "to the moon.
Whether you despise or admire Elon Musk, the SpaceX and Tesla founder has tremendous influence in the crypto markets. The bunny-themed coins and Shiba Inu token have risen in value due to Elon Musk's recent tweet. Shiba was up 21% an hour after the tweet was sent out into the Twitter crypto verse.
Elon Musk is most known for his support of the cryptocurrency Dogecoin; however, his latest tweet has some crypto enthusiasts looking for other currencies because the post appeared to be a "bunny", which is the mascot for another coin.
On the heels of Musk's mysterious tweet, fans are on the hunt for 'Bunny Cryptos'
Elon Musk's Shiba Inu, Floki, has appeared in several of his tweets, causing Floki and Shiba-themed currencies to skyrocket in tandem with the posts.
Tesla founder's mysterious tweet has sparked a debate among crypto fans. Some people have noticed a Shiba Inu mascot in the most recent tweet, while others believe it's a reference to Musk's favourite Dogecoin, and the rest are frantically hunting for coins that have the word "rabbit" in their names.
Source: © Karetniyvova | Megapixl.com
Related Article : Is Rocket Bunny crypto real and is it a safe investment?
'Bunny Cryptos' on the surge
The popularity of bunny coins has exploded. According to Google Trends, searches for bunny-themed coinage spiked after Musk's ambiguous tweet. As a result, rewards Bunny, Bunny Park, and Pancake Bunny, among other bunny-themed coins, are rising in value.
Musk's recent tweet sparked curiosity, as the tweet included Musk clutching a rocket, which is widely used in the cryptocurrency world as a symbol for "to the moon."
Some crypto enthusiasts believe Musk's cryptic tweet references a rabbit rather than a Shiba Inu, Dogecoin, or any other dog. As a result of Musk's latest tweet, "to the moon," the price of bunny-themed coins has spiked.
Here's how bunny-themed coins are performing, according to CoinGecko.
Source: CoinGecko, Image Copyright © 2021 Kalkine Media
Related Article : On Musk's Rocket, Dogecoin Soars to Record Highs
Shiba Inu-themed cryptos gain momentum
In his tweet, Elon Musk's stick figure has sparked speculation, with some crypto supporters assuming it was a Shiba Inu dog, the Dogecoin's mascot, and the same dog that the SpaceX founder just brought home as a pet.
However, a tweet from Musk has sparked a surge in the SHIB token for the second time this month. On the heels of Musk's mysterious tweet, other Shiba Inu-themed cryptocurrencies enjoyed boosts as well.
Shiba was up 21% an hour after Musk's tweet was put out into the cryptoverse on Twitter. Here's how other Shiba Inu-themed cryptocurrencies are performing today, according to CoinGecko, after enjoying a significant surge.
Source: CoinGecko, Image Copyright © 2021 Kalkine Media
Related Article : The "Dogecoin-killer" Shiba Inu returns to the crypto spotlight with a price hike
Bottom line
Thanks to his tweets, the Tesla founder has developed a habit of influencing cryptocurrency markets. Musk has assisted Dogecoin's mainstreaming, with his views and tweets also impacting other cryptocurrencies. Owing to Musk's cryptic tweet, crypto enthusiasts have shifted their attention away from Dogecoin and begun hunting for 'Bunny Cryptos.'
Related Article : Dog Day Afternoon: Elon Musk “Floki” Tweet Sends Three Dog-Inspired Cryptos Spiking
