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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 accordance with the billionaire, have been tweets from the account @elonjet, which was monitoring the billionaire’s flight actions and had greater than 526,000 followers. Because 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 change on Twitter.
Why Is Elon Musk Following Crypto Trade OKX?
In different placing information, the previous richest man on this planet abruptly 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, reminiscent of Tesla, Neuralink and The Boring Firm. Nevertheless, he additionally follows personalities reminiscent of French President Emmanuel Macron, Apple CEO Tim Cook dinner, podcaster Lex Friedman and likewise the official account of South Park.
Inside the crypto neighborhood, 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 change 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 change, was certainly one of Twitter’s backers, offering $500 million to assist Musk purchase the corporate.
The crypto neighborhood is at present closely speculating on what may be brewing and what the importance of Musk’s motion may be.
OKX, previously often called OKEx, is a cryptocurrency change 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 change Kucoin. Remarkably, OKX just isn’t accessible to buyers primarily based in the USA.
FLOKI Token Itemizing A Cause? An Acquisition?
One hypothesis for the billionaire’s motion at current is that the Floki (FLOKI) cryptocurrency might play a job. In accordance with the builders, Floki is a cryptocurrency created by followers and members of the Shiba neighborhood 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 at the moment, making it the one #crypto change he at present follows.
Is the universe talking? 🤔
We take the #Dogefather following OKX the day they checklist #Floki as a really optimistic 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 overall worth was $3.58 billion, in accordance with a filing with the U.S. Securities and Trade Fee.
What Musk plans to make use of the cash for is unclear right now. His earlier gross sales have been presumably used to make the Twitter acquisition occur. Due to this, it’s not shocking that the primary rumors surfaced on Crypto Twitter that the billionaire might take over OKX. Nevertheless, since there is no such thing as a proof for this to date, this opinion could be assigned to the rumor mill in the meanwhile.
OKB Shows Cautious Pump
The revelation has as soon as once more triggered an “Elon Musk impact”. OKX’s change token, the OKB token, briefly rose 8%. At press time, OKB was at $23.98, recording a 5% improve within the final 24 hours. Over the previous seven days, OKB has posted a return of round 13%.
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