Elon Musk’s tweet sends Cult DAO on a wild ride

Elon Musk’s tweet sends Cult DAO on a wild ride
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2023-5-3 14:56

Elon Musk’s cryptic “Cult/Culture” tweet appears to have ignited a 70% surge in the obscure Cult DAO coin, highlighting the billionaire’s sway over the crypto market.  Elon Musk, the eccentric billionaire known for his influential cryptocurrency tweets, has done it…

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X has lost more than half its value since Elon Musk bought it last year

X, formerly known as Twitter, has seen its value fall significantly since Elon Musk bought it for $44 billion a year ago. According to an Oct. 30 report from The Verge that cited internal documents, X employees were recently granted company equity worth $45 per share with the company valued at $19 billion — 55% lower […] The post X has lost more than half its value since Elon Musk bought it last year appeared first on CryptoSlate.

2023-10-31 01:00