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Elon Musk’s new fashion? Cryptic CEO Tweet Sends $GRAPE Token Price Soaring – BeinCrypto

Elon Musk, tycoon and CEO of Tesla and SpaceX, has once again caused a stir on social media after raising the price of a cryptocurrency with one of his cryptic and controversial posts.

On the morning of Sunday, January 16, Elon Musk shared an edited image from Wikipedia on Twitter, which featured a grape. [grape en anglais].

The text that accompanied the image read: “Everyone knows what a grape is”, in addition to the CEO’s tweet, which simply said: “Very informative”.

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This two-word tweet and the image of the fruit were enough to skyrocket the price of the $GRAPE token in a matter of minutes.

The $GRAPE token started on January 16 with a valuation of $0.047. However, following Elon Musk’s tweet, its price skyrocketed to $0.078 in just four hours.

Despite this enthusiasm, the $GRAPE token lost momentum and has been trading lower ever since. At the time of writing, the price of $GRAPE is at $0.062, which represents an 18% drop in the last 24 hours according to data from CoinGecko.

Source: CoinGecko

Feedback from the crypto community was not long in coming. User @WokePC said:

“Elon Musk may have learned to power a next-gen Tesla with grapes. I will immediately start a harvest of grapes.”

For his part, @fine_mesh linked Mr. Musk’s post to the grape image token.

“My God, it’s Grape Coin. Come on kids, alleeeeeeez”.

Last week, Elon Musk also found himself in the spotlight with a simple tweet saying “Dojo,” which caused the token of the same name to skyrocket 50% in just half an hour.

What is the $GRAPE token?

$GRAPE is the token for the Grape protocol, which is a set of tools for creating token-based member communities within the Solana network.

Thanks to Grape, it is possible to create, reward and secure any online community. The first of these tools, GRAPE Access, allows the creation of exclusive membership portals for token and NFT holders of the most popular Solana projects of the moment.

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