Elon Musk Makes Waves on Crypto Twitter, Helps Send Aptos (APT) and Dogecoin (DOGE) on Rallies

Tech billionaire Elon Musk is once again making waves on crypto Twitter, sending two digital assets on rallies by mentioning them.

In a since-deleted tweet screen captured by CoinGecko, the Twitter chief executive wrote a message referencing layer-1 protocol Aptos (APT), sending the Ethereum (ETH) competitor’s price soaring.

Musk’s brief tweet, which simply read “AI APT OTT,” sent the proof-of-stake protocol skywards as it went from a 24-hour low of $12.27 all the way up to $13.40, a 9.2% increase in just a few hours. However, the token has since retraced and is trading for $12.33 at time of writing.

Musk also responded to a meme posted by a Dogecoin (DOGE) graphics designer, which had a picture of the CEO in a hard hat seemingly working in a mine.

In the message, the DOGE developer addressed rumors that Musk once owned an emerald mine, promising media outlets payment in DOGE if they can procure proof of the mine’s existence.

“Elon Musk never owned an emerald mine.

An open offer of 69.420 DOGE to all the media outlets who are publishing false information. Send me a proof of its existence and take your DOGE.”

Musk himself also chimed in, adding that he’d pay even more in DOGE for proof of the mine.

“I will pay a million Dogecoin for proof of this mine’s existence!”

The tweets sent Dogecoin on a temporary ride, as it went from $0.0868 up to $0.0912, a 5% increase. However, DOGE has since pulled back and is trading for $0.0869 at time of writing.

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• Source: https://dailyhodl.com/2023/04/14/elon-musk-makes-waves-on-crypto-twitter-helps-send-aptos-apt-and-dogecoin-doge-on-rallies/