Elon Musk's New ChatGPT Competitor Ignites 750% Rally For This Unrelated Token
Portfolio Pulse from Mehab Qureshi
Elon Musk's new AI company, xAI, has caused an unrelated cryptocurrency token, XAI, to surge 750% in value. The low trading volumes of XAI suggest it may be susceptible to market manipulation and extreme price fluctuations. Musk has also expressed support for a 2030 cryptocurrency forecast that could potentially boost Bitcoin and Ethereum.
July 13, 2023 | 5:28 am
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POSITIVE IMPACT
Elon Musk's support for a 2030 cryptocurrency forecast could potentially boost Bitcoin.
Elon Musk's influence in the tech and crypto space is significant. His support for a bullish 2030 cryptocurrency forecast could potentially drive up the price of Bitcoin.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Elon Musk's support for a 2030 cryptocurrency forecast could potentially boost Ethereum.
Elon Musk's influence in the tech and crypto space is significant. His support for a bullish 2030 cryptocurrency forecast could potentially drive up the price of Ethereum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50