Tesla CEO Elon Musk tweeted his name to Lorde Edge and has no explanation yet. But thanks to this, a new cryptocurrency EDGELON
Soon after the changes in Musk's account, the new cryptocurrency EDGELON was launched (created on the basis Ethereum) and its course immediately took off by more than 800% — from $0,000003192 to the maximum $0,00002954.
EDGELON's Twitter account says, that the project already has more than 2000 holders, and the fully diluted market capitalization of the project is more than $20,3 million.
It should be noted, that Elon Musk is unlikely to be associated with the project. Earlier, Musk, answering the user's question about the availability of FLOKI tokens, admitted, that I bought only BTC, ETH и DOGE, while Tesla only invested in BTC. As known, FLOKI — this is another meme cryptocurrency, whose name was inspired by the name of the dog Mask.
Dogecoin creator Billy Marcus believes, that Musk's new name on Twitter is an anagram of "Elder Doge", but noted, that the anagram might not have been intentional.
Digital asset research company Delphi Digital said, what is historically a dog's coin" are a good enough indicator of an overheated market.