Elon Musks enthusiasm about the cryptocurrency industry is nothing new, but a recent analysis has found that the most popular tweets that mention crypto in the last couple of years are authored by the Tesla (NASDAQ: TSLA) CEO himself.
Indeed, crypto-related posts on Twitter (NYSE: TWTR) that were shared most frequently and had the highest number of engagements over the past two years were tweeted by Elon Musk, the crypto market social intelligence platform LunarCrush said on October 11. Top crypto social posts. Source: LunarCrush
According to the platform, these tweets are mostly related to Bitcoin (BTC) and meme token Dogecoin (DOGE), including the post from March 24, 2021, in which he announced that people could buy a Tesla car with Bitcoin. Next viral tweet?
As the next potentially viral Elon Musk post on Twitter, the platform suggested that it might be his tweet relating to his first perfume called Burnt Hair, for which he tweeted it can be purchased with Dogecoin:
And you can pay with Doge!— Elon Musk (@elonmusk) October 11, 2022 Related Ethereum dominates almost 60% of all DeFi sector as TRON, BSC follows Share of Americans invested in cryptocurrency grows by 125% despite crypto winter Over 60% of people dont understand crypto, global study reveals
Notably, the perfume, which costs $100, can also be purchased with other crypto assets, including Bitcoin and Shiba Inu (SHIB), thanks to the collaboration with BitPay payment processor.
Previously, Musks tweets mentioning Dogecoin have sent the decentralized finance (DeFi) tokens price soaring, but at press time, his tweet about the perfume supporting payments in DOGE hasnt yet made any significant impact on its price.
As it happens, the dog meme coin is trading at $0.06, down 1.07% on the day, as well as 6.23% across the previous week, according to CoinMarketCap data. Musks interest in Twitter
Meanwhile, Elon Musks second attempt at buying Twitter was followed by a spike in DOGE whale activity, recording 85 whale transactions involving at least $100,000 as of October 4 and driving the price of the token up by 9%.
This happened after Musk reportedly confirmed he might, in fact, be moving forward with finalizing the deal to purchase the social media platform, sending Twitter stocks up 22.24%, as Finbold reported.
As a reminder, the original deal, which was jeopardized by controversy regarding the spam accounts on the platform, suggested that Twitter would be purchased at the price of $54.20 a share, making the deal worth $44 billion.
