Elon Musk, the richest man on the earth, who’s broadly talked about for the value actions he brought about within the cryptocurrency market, responded to a tweet on X (previously Twitter) that talked about a memecoin named Apu Apustaja (APU) with a laughing emoji.
Following Elon Musk’s tweet, APU noticed a 25% spike in value. With a market cap of simply $2 million, the altcoin will not be listed on main cryptocurrency exchanges like Coinbase and Binance.
Chart exhibiting the rise in APU value.
Nonetheless, it shouldn’t be forgotten that the altcoins whose costs had been pumped by Elon Musk skilled sudden declines after some time.
*This isn’t funding recommendation.
