Whereas a tweet from Tesla Inc (NASDAQ:TSLA) CEO Elon Musk might have inadvertently despatched the worth of Shiba Inu (CRYPTO: SHIB) skyrocketing, it isn’t the one coin to have garnered consideration.
What Occurred: A fast deep-dive into Google Tendencies reveals that put up the ambiguous tweet from Musk, search outcomes for bunny-themed cash surged on the platform. One such key phrase is “bunny crypto”, which noticed a 1,550% enhance. Amongst others, “rocket bunny” noticed a 1,500% enhance, “rabbit crypto” noticed an increase in search by 1,450%, and “rocket bunny crypto” searches spiked by 1,400%.
Rokens that includes the phrase “bunny” have additionally elevated in worth with CoinMarketCap displaying the likes of Bunny Park (CRYPTO: BP), Pancake Bunny (CRYPTO: BUNNY), Little Indignant Bunny V2 (CRYPTO: LAB V2), Rewards Bunny (CRYPTO: RBUNNY) gaining in worth.
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Equally, CoinGecko exhibits that the worth for BunnyRocket (CRYPTO: BUNNYROCKET) has seen positive aspects of over 88.1% on the day, whereas the worth of Rocket Bunny (CRYPTO: BUNNY) has elevated by 252.1% on the day on the time of press.
Within the tweet, Musk did not give the main points however the determine resembles a bunny holding a rocket, typically interpreted as “to the moon” meme used within the cryptocurrency neighborhood.
— Elon Musk (@elonmusk) October 17, 2021
Musk’s message stays open to interpretation, with some seeing a Shiba Inu mascot in them, some others saying it is a reference to Dogecoin, and the remaining scrambling to search out cryptocurrencies with “bunny” that includes of their names.
The Tesla and House X founder has made a behavior of affecting the cryptocurrency markets by means of his tweets. Musk has performed a key function in serving to Dogecoin (CRYPTO: DOGE) break into the mainstream, together with his tweets and opinions additionally having an influence on the apex cryptocurrency Bitcoin.
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