Saturday , April 27 2024
Home / Crypto news / Elon Musk Scam Tokens Emerge Following Twitter Bio Change

Elon Musk Scam Tokens Emerge Following Twitter Bio Change

Summary:
Numerous scam tokens have launched under the symbol “TWIT” following Elon Musk’s latest Twitter bio change related to his acquisition of the company. With just a day to go before the billionaire acquires Twitter, Elon Musk has changed his bio on the platform to read “Chief Twit.” In the aftermath, multiple tokens named either “TWIT” or “Chief Twit” were released on Ethereum and Binance Smart Chain, according to PeckShieldAlert on Twitter. Some other tokens go by the name “Chief Elon Twit,” “CryptoTwitter,” and even “Twitter Inu” “~25% of them appear to be honeypot, and 4 out of them have already dropped more than -98%,” explained PeckShield Musk is notorious for being able to move the crypto community and market with just a single tweet.  For example, Dogecoin – his

Topics:
Andrew Throuvalas considers the following as important: , ,

This could be interesting, too:

Chayanika Deka writes Pantera Capital’s Fund V Targets Billion for Diverse Blockchain Investments

Wayne Jones writes Rare ‘Epic Sat’ from Bitcoin’s Fourth Halving Block Sold for Over Million

Andrew Throuvalas writes Strike CEO Predicts Million BTC Amid COVID-Level Money Printing

Andrew Throuvalas writes Crypto.com Recruits Eminem For NBA Playoff Game Commercial

Numerous scam tokens have launched under the symbol “TWIT” following Elon Musk’s latest Twitter bio change related to his acquisition of the company.

  • With just a day to go before the billionaire acquires Twitter, Elon Musk has changed his bio on the platform to read “Chief Twit.”
  • In the aftermath, multiple tokens named either “TWIT” or “Chief Twit” were released on Ethereum and Binance Smart Chain, according to PeckShieldAlert on Twitter.
  • Some other tokens go by the name “Chief Elon Twit,” “CryptoTwitter,” and even “Twitter Inu”
  • “~25% of them appear to be honeypot, and 4 out of them have already dropped more than -98%,” explained PeckShield
  • Musk is notorious for being able to move the crypto community and market with just a single tweet. 
  • For example, Dogecoin – his favorite cryptocurrency – is rallying ahead of his Twitter acquisition deal, even compared to other top assets in the market. The cryptocurrency did the same when the CEO announced that he’d accept it for payment. 
  • Musk’s identity is also commonly used in crypto giveaway scams, like many other top industry influencers.

You Might Also Like:

Leave a Reply

Your email address will not be published. Required fields are marked *