Musk's Twitter name has changed to a new value that decreases several times a week. Internet users: Cut the green onions from front to back

In addition to “playing” Tesla's share price, Tesla CEO Elon Musk affected market value.

Musk may not think his rebranding business will lead to a new cryptocurrency.

According to a Beijing Business Daily reporter, Musk changed the name of his Twitter account to "LordeEdge" on November 7. Musk did not explain the reason for the name change or the specific meaning of the new name.

Duab Source: Twitter screenshots

As users discussed the reasons for Musk's name change, a cryptocurrency called Roadedge emerged and launched online on November 8. load edge piece connection,However, the benefits increased after connecting to the Internet..

According to data from CoinMarketCap, the site's global monetary value, the exchange rate for LoadEdge Coins was $ 0.000003192 at inception and reached $ 0.00002954 in a single live opening day. On November 10, LordeEdge coin hit a record high of $ 0.00004132, almost 1300% above its declared value.

In less than a week of announcements, LordeEdge coins have seen a lot of ups and downs., the lowest price in history was only 0.000002724 US dollars. As of 11/11/19:45, LordeEdge currency was down 49.29% in 24 hours to 0.00001485, which is almost 70% lower than its all-time high and had a second market value of $ 1. $ 44 million.

A reporter from the Beijing Business Daily asked further questions and discovered on the official LordeEdge coin website that the task force claimed that LordeEdge coin was the "father of Dogecoin" and the first coin to be made. Musk cryptocurrency. . After Musk changed Twitter's name, the symbol paid tribute to the leaders of the Dogecoin and Shiba Inu coins. The project party was also announced on Twitter."We're growing up fast! Musk with us!"

The name swap has created a new cryptocurrency, and this isn't the first time Musk has touched the global currency. Considering the real problem of the past, there is still a way for Musk in the “near value” of cryptocurrencies.

In April 2021, Dogelon Mars cryptocurrency (code ELON), named Musk, entered trading online and at a different price.

Now Musk has changed his Twitter name from LordeEdge to his old name "ElonMusk". However, due to the vaccine's name change, many users refer to it as "very simple". Some netizens joked that "Musk understands how to make money, tweeted, found two Aircoins, cut Leak, and made himself the richest man in the world."

A Beijing Business Daily reporter noted that Musk has appeared in the news related to the global financial crisis several times since 2021 and has become a fundamental figure. By requesting a return to Dogecoin to publish images of Shiba Inu, via Tesla's announcement to accept Bitcoin payments for the abolition of this payment method, Musk made every effort to ensure that the value of the impacts of the cryptocurrency to be higher.

In addition to content directly related to global currencies, Musk's news is not only directly related to cryptocurrencies, but it also appeals to user preferences. Take Musk's name change example This time, many users suggested that the name change interact with Dogecoin to increase Dogecoin value.

Ahn Kwang-yong, a member of the Business Council of China Research and Development Institute, believes that cryptocurrencies are not physically connected and have no value or security on their own.

“In a market like this, traders can only price by energy and technology from manufacturers, but it's hard to get the data. “The risk is determined by the words of certain opinion leaders. The risk is obvious. . "

Independent financial expert Wang Chikun said that using Musk Lane traffic for the LordeEdge parts card is also a way for manufacturers to control the business and gain regular customers.

The crypto market is booming, with the market value of Bitcoin, Ethereum, and other currencies hitting an all-time high in recent days, which has also opened the door for gains like Squid.Coins, EDG Coins and LordeEdge Coins.

However, altcoins caused by hot spots under the influence of factors like unlimited volatility, no real value, and controlling behavior are doomed to drop or zero even after the heat has subsided.

Chen Bo, director of the Center for Digital Finance Research at the Central University of Finance and Economics, spoke about the following.All cryptocurrency markets are illegal in greater China., traders should keep these standards in mind.

The use of cryptocurrencies is now a tool for crimes such as fraud and the pyramid scheme is a problem of global governance. Improving entrepreneurship is one thing, and human passion is another. In the future, care should be taken to strengthen the application of scientific and technological know-how and to manage the foundation, while avoiding major risks by focusing on vulnerable people such as the elderly and adolescents. events.