Token Named After Musk's 'Go F**k Yourself' Statement Is Soaring 160,000% In A Single Day
Portfolio Pulse from Mehab Qureshi
A token named 'Go F*ck Yourself' (GFY) surged over 160,000% following Elon Musk's statement to advertisers. The token's liquidity reached $226.33K with a market cap of $4.59 million. Another token, GROK2, related to Musk's AI chatbot, also saw a 2000% increase. Meanwhile, Bitcoin (BTC) fell 1% in the last 24 hours.
November 30, 2023 | 9:50 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Ethereum's (ETH) smart contract system is mentioned as a means to create new cryptocurrencies like GFY and GROK2, but no specific price action for ETH is provided.
While Ethereum's technology is acknowledged for enabling the creation of new tokens, the article does not specify any direct impact on ETH's price due to the mentioned tokens' performance.
CONFIDENCE 70
IMPORTANCE 20
RELEVANCE 30
NEGATIVE IMPACT
Bitcoin (BTC) experienced a 1% decrease in the last 24 hours, trading at $37,712.
Bitcoin's slight decrease may be influenced by general market conditions and not directly related to the surge in GFY or GROK2 tokens. However, as a major cryptocurrency, BTC price movements are closely watched by investors.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50