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Why does Elon Musk have so much influence?

By KMatt | Blogging Crypto | 18 Aug 2023


 

 First of all, he's the richest person in the world and that makes him possibly one of the most powerful in the world as well.

He is the owner of X, the most used social network especially in the financial sector.

He is the founder of Tesla, SpaceX and Neuralink, and was named Time Magazine's Person of the Year in 2021.

Although he is one of the biggest supporters of cryptocurrencies, he occasionally does something bad like yesterday he sold a huge amount of bitcoins.

 

With over 80 million followers on X, his tweets about cryptocurrencies often have a significant impact on the price of bitcoin, Tesla's stock on the stock market, and possibly the entire financial system.

 

Elon Musk's influence on the cryptocurrency world has been both positive and negative. On the one hand, he has helped bring cryptocurrencies to a wider audience. On the other hand, his tweets and his actions have also contributed to volatility in the cryptocurrency markets.

 

Overall, Elon Musk's influence on the cryptocurrency world is significant. He is a person who has the power to influence the price of cryptocurrencies, and his tweets are often followed by many investors.

 

Here below some links if you'd like to support me

Nexo : https://nexo.com/ref/j6atsfddtw?src=android-link

Freecash

https://freecash.com/r/Hello8

Cointiply

https://cointiply.mobi/d7u2

 

 

 

 

 

 

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KMatt
KMatt

Welcome to my blog <3 I love playing videogames, interested in crypto, support #lgbtqi+ and human rights


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