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You are at:Home ยป Elon Musk Allegedly Monitoring Cardano Fan Page, Sources Say
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Elon Musk Allegedly Monitoring Cardano Fan Page, Sources Say

By adminApr. 2, 202403 Mins Read
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Elon Musk Allegedly Monitoring Cardano Fan Page, Sources Say
Elon Musk Allegedly Monitoring Cardano Fan Page, Sources Say
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Cardano Feed, a community-driven Cardano account, recently made a surprising claim that tech billionaire Elon Musk is secretly showing interest in Cardano. However, there’s a twist to the story.

On April 1, Cardano Feed shared a screenshot that seemed to suggest Elon Musk had started following their account. The statement in the screenshot read, “Oh my god! Welcome aboard, Elon Musk.”

This disclosure from Cardano Feed received a lot of attention, as an endorsement from someone as notable as Elon Musk would carry significant weight. One enthusiastic user commented, “I guess we must be doing something right if Elon Musk is following us. Many other organizations seem to ignore us at their own risk.”

Another user, Dom Stocchetti, wondered if Musk was hopping on the Cardano bandwagon. He said, “Wouldn’t surprise me. He’s good at cutting through the nonsense and finding the right solution.”

Some even speculated that Musk’s interest in Cardano might be a result of reconsidering his stance on Dogecoin.

However, before Cardano enthusiasts could celebrate a genuine endorsement from Musk, others quickly noticed that the screenshot was fake. Cardano Feed had posted it as an April Fool’s Day prank, aiming to fool the community. Interestingly, the Cardano Feed handler did not deny that the screenshot was a fake.

Elon Musk himself embraced the April 1 prank tradition and announced in a playful tweet that he had joined Disney as their Chief DEI Officer. He humorously expressed his excitement about working with Bob Iger and Kathleen Kennedy to make their content “MORE woke.”

Reflecting on these prank trends, Ripple’s CTO David Schwartz remarked that April 1 is like social media’s “Purge Day,” where people have to double-check the information they come across.

This Cardano endorsement prank coincided with the early stages of the current bull run, reminiscent of when Elon Musk first tweeted about Dogecoin. Musk has been a strong supporter of Dogecoin since 2020, contributing to its rise to the top ten cryptocurrencies.

Furthermore, during the last bull market, Musk also showed support for Bitcoin. His company, Tesla, accepted BTC as payment for electric cars before discontinuing the service.

Recent reports suggest that Tesla still holds a significant amount of Bitcoin, making it the third-largest publicly traded company with Bitcoin holdings. Tesla has held 9,720 BTC for seven consecutive quarters without buying or selling.

It’s important to note that this article is for informational purposes only and should not be considered financial advice. The views expressed in this article are solely the author’s opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct their own research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses incurred.

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Next Article Ripple CLO Highlights 4 ‘Ambiguous Definitions’ of a Crypto Ecosystem in SEC v. Coinbase Ruling

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