Elon musk net worth is like the entire market cap of Ethereum.
Marketcap is valuation for all of tokens that on circulating supply x price of token.
Think about how rich this man if he put all of his money on eth it doubles overnight.
let me know your opinions.
Putting all of his money in ethereum didn't mean if it will be pumping the price of token. if he can buy ethereum at cheap price and why does he need to pump it with his money. Im sure that anyone will not do this. When he bought it and it will not always mean if it will be pumped. what will be happening if he was only putting the wall with his money?
That will not even make the price to go up. the price will still remain the same.