Post
Topic
Board Altcoin Discussion
Re: BTCs sudden rocket
by
tippytoes
on 30/01/2021, 22:21:21 UTC
I gotta admit that was a crazy ride with BTC and Elon Musk, I just realized how big on an influence is Elon Musk. Now Jack Dorsey did the same but did not affect BTC much, I still remember when he tweeted a doge meme before and made the coin soar up to 600% in less than a day!

Shares of fast-growing Polish game developer CD Projekt soared 16% on thursday as well after Musk tweeted: "The esthetics of Cyberpunk are incredible btw ....". Cyberpunk is the company's flagship game btw.

even smaller cryptocurrencies like ETH and XRP that tend to move in tandem with bitcoin also jumped, as much as 5 per cent and 8 per cent respectively.

With this scenario, we can say that a popular individual can really have an impact in crypto market. People still follow the what they are saying, even a simple tweet or statement from them can influence the market.