Elon Musk Puts On 'Dark MAGA' Laser Eyes, Turning $5K Into $1.8M For One Lucky Trader
Portfolio Pulse from Khyathi Dalal
Elon Musk's change of his social media profile picture to a 'Dark MAGA' meme featuring Donald Trump with laser eyes caused the Dark Maga (DMAGA) meme coin to surge 4,300% in 24 hours. This led to significant gains for some traders. Michael Saylor also commented on the trend, linking it to Bitcoin.
July 22, 2024 | 6:52 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Michael Saylor, Founder and Chairman of MicroStrategy, commented on Elon Musk's new profile picture, linking it to Bitcoin. This could generate positive sentiment for MicroStrategy, which holds significant Bitcoin assets.
Michael Saylor's public comments often influence Bitcoin sentiment. Given MicroStrategy's significant Bitcoin holdings, positive sentiment around Bitcoin could benefit MSTR stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Elon Musk's influence on meme coins like DMAGA and Dogecoin often impacts Tesla's stock due to his high-profile status and market-moving comments.
Elon Musk's actions and comments often have a ripple effect on Tesla's stock due to his significant influence and market presence.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30