Elon Musk buys and ruins Twitter

Cos its the normal thing for a 53 year male to do, you know change your name to kerkus Maximus and have a picture of a frog in Roman soldier gear as your avatar.

Must have the emotional age of a 12 year old

It's not for that reason. It relates to a meme coin, a crypto currency based on a fad. He has likely bought a stake or knows someone who has and is doing a favour.

After he changed the name the market price went through the roof.
 
Would this be considered a little close to stockmarket manipulation?

Not sure that Crypto is regulated in the same way. It's also basically the way meme coins operate, they are NFTs they aren't meant to be worth money when the fad is over.

In essence it isn't anything different from Mollusc hyping the latest Christmas toy.

The Hawk Tuah girl announced a meme coin a few weeks back.

If people buy these coins as an investment they deserve to lose all their money.
 
Not sure that Crypto is regulated in the same way. It's also basically the way meme coins operate, they are NFTs they aren't meant to be worth money when the fad is over.

In essence it isn't anything different from Mollusc hyping the latest Christmas toy.

The Hawk Tuah girl announced a meme coin a few weeks back.

If people buy these coins as an investment they deserve to lose all their money.
As the idiots who bought her coin found out.
 
1000021371.jpg

Not sure if I am reading it right but looks like a huge drop recently. However market cap is only $1.63m so can't imagine Elon (he's a prick) planned a pump and dump to make in effect pocket change.

I am not an IFA so I might be reading and understanding of this could be miles off.
 

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