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| ‘CumRocket’ crypto coin pumps after Elon Musk tweets suggestive emojis | ‘CumRocket’ crypto coin pumps after Elon Musk tweets suggestive emojis |
| (about 2 months later) | |
| Elon Musk has been credited with sending an X-rated cryptocurrency to the proverbial moon, after firing off a tweet containing three creatively-curated emojis. | Elon Musk has been credited with sending an X-rated cryptocurrency to the proverbial moon, after firing off a tweet containing three creatively-curated emojis. |
| Infamous for his market-rattling tweets about dogecoin and bitcoin, the billionaire appears to have once again caused blockchain-related mayhem… but adult-themed, this time. | Infamous for his market-rattling tweets about dogecoin and bitcoin, the billionaire appears to have once again caused blockchain-related mayhem… but adult-themed, this time. |
| Although Musk offered no explanation for what he meant by the symbols – a water-like emoji next to a rocket, with an arrow pointing towards the moon – it seems Twitter users didn’t waste time interpreting the post as financial advice. | Although Musk offered no explanation for what he meant by the symbols – a water-like emoji next to a rocket, with an arrow pointing towards the moon – it seems Twitter users didn’t waste time interpreting the post as financial advice. |
| “Is this a sign to go all in on cumrocket?” read one reply. | “Is this a sign to go all in on cumrocket?” read one reply. |
| Operating on the Binance Smart Chain, cumrocket is described in its white paper as a “deflationary” token that “rewards holders and punishes sellers.” The developers hope that the coin will be used to buy, sell, swap and collect “exclusive 18+ content” on the blockchain. | Operating on the Binance Smart Chain, cumrocket is described in its white paper as a “deflationary” token that “rewards holders and punishes sellers.” The developers hope that the coin will be used to buy, sell, swap and collect “exclusive 18+ content” on the blockchain. |
| The tweet caused the cryptocurrency to skyrocket, with its price reportedly pumping by more than 90% in one hour. | The tweet caused the cryptocurrency to skyrocket, with its price reportedly pumping by more than 90% in one hour. |
| The coin’s official Twitter account even responded to Musk, asking if it could advertise on one of Musk’s SpaceX rockets. | The coin’s official Twitter account even responded to Musk, asking if it could advertise on one of Musk’s SpaceX rockets. |
| However, not everyone thought it was funny, with many complaining that Musk was again engaging in clear market manipulation. | However, not everyone thought it was funny, with many complaining that Musk was again engaging in clear market manipulation. |
| The tweet came hours after Musk cryptically tweeted on Friday: “Canada / USA / Mexico,” which, amazingly, also caused cumrocket to explode in value. | The tweet came hours after Musk cryptically tweeted on Friday: “Canada / USA / Mexico,” which, amazingly, also caused cumrocket to explode in value. |
| On the same day, Musk posted a tweet suggesting that he had fallen out of love with bitcoin, sparking accusations that he was irresponsibly toying with the crypto market. After the tweet, bitcoin fell over 3%. | On the same day, Musk posted a tweet suggesting that he had fallen out of love with bitcoin, sparking accusations that he was irresponsibly toying with the crypto market. After the tweet, bitcoin fell over 3%. |
| Like this story? Share it with a friend! | Like this story? Share it with a friend! |