Elon Musk Caused the Surge of Three Lesser-Known Tokens
Elon Musk joked on Twitter. It has led to the explosive growth of three blockchain projects at once.
SpaceX CEO tweeted a meme of Vikings, not American astronauts, being the first to get to the moon.
The publication caused a surge in the quotes of three blockchain projects related to Vikings and space:
- Viking Swap (VIKING) is up more than 800% so far, at its peak the price exceeded 4000%. The daily trading volume has already reached $927,000, showing a growth of more than 17,000%. Viking Swap is a little-known decentralized trading platform. The total volume of blocked funds on it is just over $500 thousand.
- Space Vikings (SVT) grew by more than 1000% at the peak. There are several ups and downs of the price. At the time of writing, the asset growth is a little more than 350%. The token’s daily trading volume rose from zero to $2,2 million. Space Vikings is a blockchain project that aims to create a unique beer production and build a community of beer lovers.
- VikingsChain (VIKS) was up more than 450% at its peak. However, at the time of writing this article, its price is almost back to its starting position, and the daily token growth is about 30%. The daily trading volume grew from zero to $293 thousand. VikingsChain is an online multiplayer game running in the form of a dApp.
The data is given by CoinMarketCap as of 15:00 (+2 UTM). All three projects are based on Binance Smart Chain. You can buy these projects’ tokens exclusively on PancakeSwap.
The rising attention to all three tokens exactly coincides with Musk’s tweet, whose account has more than 62 million followers. And this is not the first case of his influence on cryptocurrency assets via Twitter. The most famous precedents are the rapid rise in popularity of Dogecoin in 2020, Bitcoin price fluctuations in February-April 2021, and the SHIB quotation boost in early October 2021.