Someone Just Created A Crypto Coin Called Elon Buys Twitter (EBT), Its Price Jumps 4000% In 24 Hours!
Even before Tesla CEO Elon Musk got to actually buy Twitter yesterday, someone launched a crypto coin named ¡®Elon Buys Twitter¡¯ (EBT), which has witnessed a price jump of over 4000% in the last 24 hours.
Even before Tesla CEO Elon Musk got to actually buy Twitter yesterday, someone launched a crypto coin named ¡®Elon Buys Twitter¡¯ (EBT).
Amidst the speculation and eventual acquisition of Twitter by Elon Musk, the crypto coin EBT has witnessed a price jump of over 4000% in the past 24 hours.
As per data on CoinMarketCap, the EBT token was created on April 21st 2022, and its price rose from a low of $0.00000008893 to over 4,000% higher and reached yesterday's peak price of $0.000009444.
In the past 24 hours, the coin's trading volume has also surged over 2,000% to stand at $2,926,307.20, as per coinmarketcap.
Reuters
Also Read: The Elon Musk Effect: Tesla CEO's Top Tweets Of 2021 That Sent The Crypto Market Crazy
What is EBT Coin?
As per a report in FinancialExpress, the EBT coin seems to be like another pump and dump scam coin with an unsecured website, claiming it to be a ¡°forever pump¡± coin. The so-called team behind EBT have Elon Musk¡¯s images as their profile pic on the website.
Its website claims that EBT will ¡°give meme creators a chance to earn and allow them to gain a stipulated revenue for their work". "ELONBUYSTWITTER will help such aspiring meme creators showcase their talent to the world and add some monetary benefits to their pockets.¡±
As per the website, EBT NFTs are also coming soon.
elontwitter.net
The website says "ELONBUYSTWITTER is in the process of developing several revenue-generating platforms. Our ecosystem will also launch a series of melon-based lazy games and provide play-to-earn opportunities. ELONBUYSTWITTER's long-term goal is to establish itself as an industry leader in the emerging DeFI sector. The underlying factor that will continue to define Blockchain products is the ability to give people and businesses more power and control over their finances. This is the driving force behind $EBT".
The crypto coin EBT is currently ranked 2999 on CoinMarketCap. At present, the crypto coin has a market cap of $376,283.61.
EBT's markets currently include Pancake Swap (V2) and OpenOcean.
Also Read: Tesla Will Pay At Least Three Months' Salary Of Ukrainian Employees Asked To Fight Russia War
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