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2 years ago

APE Soars 20% in an Hour as Elon Musk Puts a Bored Ape as Twitter PFP

George Georgiev May 4, 2022 10:47
APE coin soared by 20% in minutes after Elon Musk put a Bored Ape as his Twitter profile picture.

The richest man on the planet – Elon Musk – has once again caused a stir within the cryptocurrency community.

  • Moments ago, the man spearheading both Tesla and SpaceX changed his Twitter profile picture to that of a Bored Ape with a golden fir surrounded by other apes.

  • That’s all it took for the markets to react.
  • In a few minutes after Musk changed his Twitter profile picture, APE coin – the native cryptocurrency of the Bored Ape Yacht Club ecosystem – took for the skies.
  • APE is up almost 20% in less than an hour, and it currently trades above $17.

  • Floor prices of the BAYC-related collections also saw an uptick, albeit not as definitive as APE coin.
  • This story is developing.
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George Georgiev

Georgi Georgiev is CryptoPotato's editor-in-chief and seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn

Tags: Bored Ape Yacht Club (BAYC)Elon Musk

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