 | Elon Musk responded to a tweet about Tesla's new Giga Factory in Texas: Elon's Response About Hamsters What is obviously a joke about random metrics, was used by investors to pump hamster coin. Hamster Coin is up almost 100% in the last 24 hours, with investors speculating on it and the 'Musk Effect'. Hamster Coin even had $3 million of volume in the last day as well (showing this is probably quite a few people speculating, not a low volume pump). The market cap now sits at just under $20 million! This is becoming absolutely ridiculous now. A coin with no functionality suddenly gaining hundreds of ranks on CMC for (pretty much) no reason. Evidently Musk isn't going to buy Hamster Coin, but investors speculate regardless. At least with some previous tweets I can understand how one might believe that the coin has a future, but with this one it is so evident it doesn't. Stuff like this is part of the reason crypto is seen as a scam by some people... The coin currently only has 24% of its supply circulating, so this is going to be one hell of a rugpull. Tl;dr Don't buy Hamster Coin and fuck scammers. [link] [comments] |
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