Musk tweeter become a Rocket booster for Cryptocurrencies

Elon Musk Tweets are now more than just Tweets

Tech King Elon Musk is well known for his inventions and his approach towards making the technology more environment friendly besides this billionaire musk also knows how to stay in the headlines.

Cryptocurrencies and Elon Musk

After getting too much fame from his inventions and all the new science things he made through his determination people start admiring Elon as a Role model for themselves to be successful which makes Elon Musk Tweeter a booster for many businesses, especially for cryptocurrencies.

In previous incidents buying cryptocurrency by Musk Company Tesla and later on Tweet by  Elon Musk that Tesla has bought Bitcoin's of about 1.5B $ surges the prices of cryptocurrency by 500%. The Bull run in the purchase of Bitcoin started after Elon claims that Tesla Buy's Bitcoins. 

While many companies people belives that investment in Bitcoin contradicts the statement of Electric Vehicle company and Musk to make technology environment friendly as cryptocurrencies are not Environmental friendly because of the heat they produce because of the mining of cryptocurrencies.

Musk's Twitter does not cause bull run only in Bitcoin but his memes to buy another cryptocurrency called dogecoin increases the prices of dogecoin as well, which makes Elon Musk another trend settler.

His recent tweet comes about dogecoin on 1st April as he said that:

 "Space X is going to put the Literal Dogecoin on the Literal Moon"

It's musk April fool day's joke or not but it increases the price of dogecoin from 0.053$ to 0.070$ which is a significant rise just because of the April Fool's Day Tweet of musk. 

Musk doesn't stop here supporting the cryptocurrencies but they also allow their customer to buy a Tesla using bitcoins. Now you are able to buy cars from the Electric vehicle company Tesla using Bitcoins as they accept it as a payment method. Musk's interest in cryptocurrencies has really made a great impact on all the cryptocurrencies and is responsible for the bull run in cryptomarkets.

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