Elon Musk is at present within the headlines for suspending a number of Twitter accounts of US journalists after Twitter carried out a no-doxxing coverage. As Bitcoinist reported, an incident occurred final night time by which Musk’s son’s automobile was stopped by a stalker.
The trigger, in keeping with the billionaire, had been tweets from the account @elonjet, which was monitoring the billionaire’s flight actions and had greater than 526,000 followers. On account of the incident, Musk carried out a brand new coverage.
As soon as once more, the billionaire has made it into the headlines. Nevertheless, this time round, it’s for following the official account of the OKX crypto alternate on Twitter.
Why Is Elon Musk Following Crypto Change OKX?
In different hanging information, the previous richest man on the earth all of the sudden follows OKX’s official Twitter account. The revelation is notable within the sense that Musk follows solely 151 accounts on Twitter.
Amongst these accounts are his personal corporations, equivalent to Tesla, Neuralink and The Boring Firm. Nevertheless, he additionally follows personalities equivalent to French President Emmanuel Macron, Apple CEO Tim Prepare dinner, podcaster Lex Friedman and in addition the official account of South Park.
Inside the crypto group, Musk solely follows the official account of Dogecoin and its founder Billy Markus aka Shibetoshi Nakamoto. In any other case, the Twitter CEO doesn’t preserve monitor of any crypto-related accounts.
That the Tesla CEO now follows cryptocurrency alternate OKX is astonishing as a result of he doesn’t even observe Binance or its CEO Changpeng Zhao. Binance, at present the world’s largest crypto alternate, was one in every of Twitter’s backers, offering $500 million to assist Musk purchase the corporate.
The crypto group is at present closely speculating on what is likely to be brewing and what the importance of Musk’s motion is likely to be.
OKX, previously often known as OKEx, is a cryptocurrency alternate and derivatives platform based by Star Xu within the Seychelles. It launched in 2017 and is a part of Okay Group, which additionally owns the crypto alternate Kucoin. Remarkably, OKX just isn’t accessible to buyers primarily based in the US.
FLOKI Token Itemizing A Motive? An Acquisition?
One hypothesis for the billionaire’s motion at current is that the Floki (FLOKI) cryptocurrency may play a job. In accordance with the builders, Floki is a cryptocurrency created by followers and members of the Shiba group and is impressed by the “DogeFather” personal Shiba. Because it occurs, FLOKI was listed on OKX simply yesterday.
FUN FACT: We introduced Yesterday that #OKX will checklist $FLOKI.
Elon Musk adopted @OKX right this moment, making it the one #crypto alternate he at present follows.
Is the universe talking? 🤔
We take the #Dogefather following OKX the day they checklist #Floki as a really constructive sign! https://t.co/YvKZ6Sp62m pic.twitter.com/pgkoaRjGhi
— FLOKI (@RealFlokiInu) December 16, 2022
It was additionally revealed simply yesterday that Elon Musk has bought billions of Tesla shares for the fourth time this 12 months. The CEO made the gross sales from Monday to Wednesday. The full worth was $3.58 billion, in keeping with a submitting with the U.S. Securities and Change Fee.
What Musk plans to make use of the cash for is unclear right now. His earlier gross sales had been presumably used to make the Twitter acquisition occur. Due to this, it’s not stunning that the primary rumors surfaced on Crypto Twitter that the billionaire may take over OKX. Nevertheless, since there is no such thing as a proof for this thus far, this opinion may be assigned to the rumor mill in the interim.
OKB Shows Cautious Pump
The revelation has as soon as once more triggered an “Elon Musk impact”. OKX’s alternate token, the OKB token, quickly rose 8%. At press time, OKB was at $23.98, recording a 5% enhance within the final 24 hours. Over the previous seven days, OKB has posted a return of round 13%.
