Elon Musk is presently 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 evening through which Musk’s son’s automobile was stopped by a stalker.
The trigger, based on 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. Nonetheless, 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 putting information, the previous richest man on the planet instantly 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, resembling Tesla, Neuralink and The Boring Firm. Nonetheless, he additionally follows personalities resembling French President Emmanuel Macron, Apple CEO Tim Prepare dinner, podcaster Lex Friedman and in addition 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 maintain observe of any crypto-related accounts.
That the Tesla CEO now follows cryptocurrency alternate OKX is astonishing as a result of he doesn’t even comply with Binance or its CEO Changpeng Zhao. Binance, presently 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 neighborhood is presently closely speculating on what is perhaps brewing and what the importance of Musk’s motion is perhaps.
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 will not be out there to traders 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 might play a job. In response to 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 record $FLOKI.
Elon Musk adopted @OKX in the present day, making it the one #crypto alternate he presently follows.
Is the universe talking? 🤔
We take the #Dogefather following OKX the day they record #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 full worth was $3.58 billion, based on 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 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. Nonetheless, since there isn’t a proof for this to date, this opinion will be assigned to the rumor mill in the intervening time.
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% improve within the final 24 hours. Over the previous seven days, OKB has posted a return of round 13%.