There's a true fact about a rumour which is, it spreads fast as a cancer and is accepted by everyone or anyone.
This absolutely would be a true fact as the case maybe.
At a time like this, Non Fungible Tokens NFTs has made a name for itself with the constant rumbles that it's had now after cryptocurrency made a big fuss in the world.
It remains without doubt that a large number of people are getting into cryptocurrency and NFTs.
Earlier today, Elon Musk put a Bored Ape Yatch Club collage NFTs as his profile picture causing a brief rise in its token, Ape coin.
After acquiring twitter for 44 billion and making statements to change the game of twitter to having freedom of speech and implementing crypto features.
It was no surprise that Elon Musk is on the Bored Ape track.
Big names in entertainment and the world at large have been getting the Bored Ape Yatch Club NFTs and causing the price to go over board. Theses BAYC are sold for ridiculous amount even the cheapest being sold for over $350k.
The Ape coin on the other hand was launched March this year and is standing tall at $15 and has reached an all time high $26.
The move that Elon Musk just did with his Twitter profile picture affected it's price as it went over $17 since the price strated falling from it's ATH.
More people would only be keen to the Ape coin now.
This is surely a pump scheme but is this also a dump move, for one, I don't think the twitter owner Elon Musk would do that to his reputation.
Although I guess he has one or two of the Ape coin which I'm pretty sure he does.
Thanks for visiting my blog, till next time