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Elon Musk shakes the cryptocurrency market and sends shitcoin ‘CUMROCKET’ up 150%

A series of tweets by Elon Musk caused chaos in the cryptocurrency market this Saturday morning (5) when bitcoin returned to $35,000 after approaching $40,000.

Elon Musk shakes the cryptocurrency market and sends shitcoin 'CUMROCKET' up 150%

Elon Musk shakes the cryptocurrency market and sends shitcoin ‘CUMROCKET’ up 150%

While the cryptocurrencies market is down 3%, the billionaire helped a shitcoin called CumRocket (CUMMIES) to appreciate 150% in the past 24 hours, according to CoinMarketCap data.

Musk’s followers interpreted two of his tweets as covert support for the cryptocurrency launched in April this year by “Lydia,” a content creator at TikTok and software engineer who wants to “revolutionize the porn industry” with CumRocket.

Musk’s first message came on Friday (5) when he tweeted the words “Canada, USA, Mexico”, whose initials form the word “CUM”. The @CryptoWhale profile showed that the asset’s price went up 85% after that and was responded by Elon Musk himself with a laughing emoji.

Earlier this Saturday, Musk tweeted a series of emojis that again reinforced the idea that he’s talking about CumRocket, and in just 15 minutes, the currency soared from $0.06 to an all-time high of $0.28.

Since then, CumRocket has dropped to $0.15 but is still up 370% in two days. According to CoinGecko, it is currently the fifth most traded cryptocurrency on the decentralized exchange PancakeSwap, the only platform where it is available to trade.

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